On June 10, according to CME's 'FedWatch': The probability of the Federal Reserve maintaining interest rates unchanged in June is 98.2%, while the probability of a cumulative rate cut of 25 basis points is 1.8%. The probability of the Fed keeping rates unchanged until July is 85.8%, with a 12.6% chance of a cumulative rate increase of 25 basis points and a 1.6% chance of a cumulative rate cut of 25 basis points.
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