Federal Reserve to Hold Rates in June With 98.4% Probability, According to CME FedWatch

According to CME FedWatch as of June 11, the Federal Reserve has a 98.4% probability of maintaining interest rates unchanged in June, with a 1.6% chance of a 25-basis-point rate cut. For July, the probability of holding rates steady stands at 89.1%, with a 9.5% probability of a 25-basis-point rate hike and a 1.5% probability of a rate cut.
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