The probability of the Federal Reserve staying put in June remains largely unchanged
2024-05-15 13:09:07
According to the CME "Fed Watch", the probability that the Fed will keep interest rates unchanged in June is 91.6% (91.5% before the CPI announcement), and the probability of a 25 basis point rate cut is 8.4%. The probability that the Fed will keep interest rates unchanged until August is 65.1% (66% before the CPI announcement), the probability of a cumulative 25 basis point rate cut is 32.5%, and the probability of a cumulative 50 basis point rate cut is 2.4%.
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