The probability of the Federal Reserve cutting interest rates in June is close to 50%, while the probability of maintaining the current rate is 33.7%

According to Jinshi reports, the CME "Fed Watch" shows that the probability of the Federal Reserve lowering interest rates by 25 basis points by March is 15.3%, while the probability of keeping rates unchanged is 84.7%. By April, the cumulative probability of a 25 basis point rate cut is 29.7%, and the probability of keeping rates unchanged is 67.2%. By June, the cumulative probability of a 25 basis point rate cut is 48.3%, the probability of keeping rates unchanged is 33.7%, and the cumulative probability of a 50 basis point rate cut is 16.4%.