The probability that the Federal Reserve will keep interest rates unchanged in June is 98.6%.

Golden Finance reports that on June 3rd, according to CME "Federal Reserve Watch": the probability that the Federal Reserve will keep interest rates unchanged by June is 98.6%, and the probability of a total 25 basis point rate cut is 1.4%. The probability that the Federal Reserve will keep interest rates unchanged by July is 92.4%, the probability of a total 25 basis point rate hike is 6.3%, and the probability of a total 25 basis point rate cut is 1.3%.
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