CME data shows that the probability of the Federal Reserve keeping interest rates unchanged in June is 97%

According to CME's "Federal Reserve Watch", the probability of the Federal Reserve keeping interest rates unchanged until June is 97%, and the probability of cutting interest rates by 25 basis points is 3%. The probability of keeping interest rates unchanged until July is 81.9%, the probability of raising interest rates by 25 basis points is 15.5%, and the probability of lowering interest rates by 25 basis points is 2.5%.