CME FedWatch Shows 95% Probability Fed Holds Rates in June, 87.9% in July

According to CME FedWatch data, the Federal Reserve has a 95% probability of holding rates unchanged in June, with a 5% chance of a 25 basis point cut. For July, the probability of maintaining current rates stands at 87.9%, while a 25 basis point cut has an 11.7% probability and a 50 basis point cut has a 0.4% probability.
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