CME predicts a 98.2% probability of the Federal Reserve keeping interest rates unchanged in June

According to CME's "Federal Reserve Watch", the probability of the Federal Reserve keeping interest rates unchanged until June is 98.2%, and the probability of cutting interest rates by 25 basis points is 1.8%. The probability of keeping interest rates unchanged until July is 85.8%, the probability of raising interest rates by 25 basis points is 12.6%, and the probability of lowering interest rates by 25 basis points is 1.6%.