CME: High Probability of Fed Maintaining Rates Through June

The CME's "FedWatch" tool indicates a 93.8% probability that the U.S. Federal Reserve will keep interest rates unchanged through June. According to Jin10, there is a 6.2% chance of a cumulative 25 basis point rate cut. Looking ahead to July, the probability of maintaining rates stands at 88.8%, with a 10.8% chance of a 25 basis point cut and a 0.3% chance of a 50 basis point cut.