Federal Reserve 98.5% Likely to Hold Rates Steady in June, 91.3% in July

According to CME FedWatch, the Federal Reserve is 98.5% likely to hold interest rates unchanged in June, with a 1.5% probability of a 25 basis point rate cut. For July, the probability of maintaining rates stands at 91.3%, with a 7.4% chance of a 25 basis point rate hike and a 1.4% probability of a rate cut.
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