Fed Rate Decision: High Probability of No Change in June, CME Reports

The CME's FedWatch tool indicates a 99.9% probability that the Federal Reserve will maintain its current interest rates through June, with only a 0.1% chance of a cumulative 25 basis point rate cut. According to Jin10, the probability of the Fed keeping rates unchanged through July stands at 91.4%, while there is an 8.5% chance of a cumulative 25 basis point rate hike.