CME data shows that the probability of the Federal Reserve keeping interest rates unchanged in June is 95%

According to CME's "Federal Reserve Watch" data, the probability of the Federal Reserve keeping interest rates unchanged until June is 95%, and the probability of cutting interest rates by 25 basis points is 5%. The probability of keeping interest rates unchanged until July is 87.9%, the probability of cutting interest rates by 25 basis points is 11.7%, and the probability of cutting interest rates by 50 basis points is 0.4%.