CME data shows a 99.2% probability that the Federal Reserve will keep interest rates unchanged in June.
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According to CME "FedWatch", the probability of the Federal Reserve keeping interest rates unchanged in June is 99.2%, while the probability of a 25 basis points rate cut is 0.8%. For July, the probability of keeping rates unchanged is 95%, the probability of a 25 basis points rate cut is 0.7%, and the probability of a 25 basis points rate hike is 4.2%.
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