On June 8, according to CME's 'FedWatch': The probability of the Federal Reserve maintaining interest rates unchanged in June is 97%, while the probability of a cumulative rate cut of 25 basis points is 3%. The probability of the Fed keeping rates unchanged until July is 81.9%, with a cumulative rate hike of 25 basis points at 15.5%, and a cumulative rate cut of 25 basis points at 2.5%.
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97% Probability of Fed Keeping Rates Unchanged in June
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