The probability of the Federal Reserve maintaining the interest rate unchanged in June is 99.7%

According to CME's "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in June is 99.7%, and the probability of a 25 basis point increase is 0.3%. The likelihood of the Fed maintaining unchanged rates until August is 81.2%, with an accumulated chance of a 25 basis point cut at 18.5% and a possibility for a 25 basis point hike at 0.2%.