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The probability of the Federal Reserve maintaining the interest rate unchanged in June is as high as 99.6%. The decision will be announced next Thursday.
On June 15, according to data from the platform “The Federal Reserve (FED) Watch”, there are 4 days remaining until the next FOMC meeting (the interest rate decision will be announced at 2 a.m. Beijing time on June 19, Thursday). The probability of the Federal Reserve lowering interest rates by 25 basis points in June is 0.4%, while the probability of maintaining the current rate is 99.6%.
The probability of the Federal Reserve cumulatively lowering interest rates by 50 basis points by July is 0.1%, the probability of a cumulative reduction of 25 basis points is 23%, and the probability of maintaining the current rate is 76.9%.