Jin10 data reported on June 16: According to CME’s “The Federal Reserve (FED) Watch”: the probability of the Federal Reserve keeping the Intrerest Rate unchanged in June is 96.9%, while the probability of a 25 basis point rate cut is 3.1%. The probability of the Federal Reserve keeping the Intrerest Rate unchanged in July is 77.9%, with a cumulative probability of a 25 basis point rate cut at 21.5% and a cumulative probability of a 50 basis point rate cut at 0.6%.
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The probability that the Federal Reserve will keep the interest rate unchanged in June is 96.9%.
Jin10 data reported on June 16: According to CME’s “The Federal Reserve (FED) Watch”: the probability of the Federal Reserve keeping the Intrerest Rate unchanged in June is 96.9%, while the probability of a 25 basis point rate cut is 3.1%. The probability of the Federal Reserve keeping the Intrerest Rate unchanged in July is 77.9%, with a cumulative probability of a 25 basis point rate cut at 21.5% and a cumulative probability of a 50 basis point rate cut at 0.6%.