Fed Rate Hold Odds Stand at 97% for June, CME FedWatch Shows

CME’s FedWatch tool showed a 97% probability that the Federal Reserve would keep interest rates unchanged through June, with a 3% probability of a cumulative 25-basis-point rate cut. According to Jin10, the tool showed an 81.9% probability that the Fed would keep rates unchanged through July, alongside a 15.5% probability of a cumulative 25-basis-point rate hike and a 2.5% probability of a cumulative 25-basis-point rate cut.