The probability of the Fed raising interest rates by 25 basis points in June is 18.9%

According to CME “Fed Watch”: the probability that the Fed will keep interest rates unchanged in June is 81.1%, and the probability of raising interest rates by 25 basis points is 18.9%; the probability of maintaining interest rates at the current level by July is 58.0%, and the cumulative interest rate cuts are 25 basis points The probability of raising interest rates by 30.2% is 11.9%.