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Before the release of the US CPI data, the probability of the Federal Reserve staying put in June was 91.5%.

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2024-05-15 12:26:53
According to the CME "Fed Watch", the probability that the Fed will keep interest rates unchanged in June is 91.5%, and the probability of a 25 basis point cut is 8.5%. The probability that the Fed will keep interest rates unchanged in August is 66%, the probability of a cumulative 25 basis point cut is 31.6%, and the probability of a cumulative 50 basis point cut is 2.4%.
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