CME FedWatch: Only 2.6% Chance of 25 Basis Point Rate Cut in June

BlockBeats News, June 8th, according to CME's "FedWatch" data, there are 10 days left until the next FOMC meeting. The probability of a 25 basis point rate cut in June is 2.6%, while the probability of unchanged rates is 97.4%.

The probability of the Fed maintaining interest rates unchanged until July is 83.3%, with a cumulative 25 basis point rate cut probability of 16.3% and a cumulative 50 basis point rate cut probability of 0.4%.