The probabilities of the Federal Reserve keeping interest rates unchanged in June and August are 96.5% and 74.6%, respectively
CME "Federal Reserve Watch" data shows that the probability of the Federal Reserve keeping interest rates unchanged in June is 96.5%, and the probability of a rate cut by 25 basis points is 3.5%. By August, the likelihood of the Fed maintaining steady rates stands at 74.6%, with a cumulative chance for a rate cut by 25 basis points at 24.6% and a cumulative reduction by 50 basis points at just 0.8%.
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