The probability that the Federal Reserve will keep interest rates unchanged in June is 99%.

Golden Finance reports that on May 14th, according to CME "Federal Reserve Watch": the probability that the Federal Reserve will keep interest rates unchanged until June is 99%, and the probability of a cumulative 25 basis point rate cut is 1%. The probability that the Federal Reserve will keep interest rates unchanged until July is 99%, and the probability of a cumulative 25 basis point rate cut is 1%.
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