CME: Fed Likely to Maintain Rates Through July

The CME's 'FedWatch' tool indicates a 97.1% probability that the Federal Reserve will keep interest rates unchanged through June, with a 2.9% chance of a cumulative 25 basis point rate cut. According to Jin10, the probability of maintaining rates through July stands at 96%, while the likelihood of a 25 basis point cut is 3.9%.