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Gold
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Hot
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The Federal Reserve has a 99.2% probability of maintaining interest rates unchanged in June.
Golden Finance reports that on May 18, CME “Federal Reserve Watch” shows a 99.2% probability that the Federal Reserve will keep interest rates unchanged until June, and a 0.8% probability of a total 25 basis point rate cut. By July, the probability of holding rates steady is 95%, the probability of a total 25 basis point rate cut is 0.7%, and the probability of a 25 basis point rate hike is 4.2%.