CME data: The Federal Reserve (FED) has a 97.4% probability of maintaining the Intrerest Rate in June, while the possibility of a rate cut in July is gradually increasing.

According to CME FedWatch data, there are 10 days left until the next FOMC meeting of The Federal Reserve (FED), with a 2.6% probability of a 25 basis point rate cut in June and a 97.4% probability of maintaining the interest rate. The probability of the Federal Reserve maintaining the interest rate unchanged until July is 83.3%, the probability of a cumulative rate cut of 25 basis points is 16.3%, and the probability of a cumulative rate cut of 50 basis points is 0.4%.

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