CME FedWatch: Probability of a 25 Basis Point Rate Cut in June is Only 2.6%
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According to CME "FedWatch" data, with 10 days remaining until the next FOMC meeting, the probability of a 25 basis point rate cut in June is 2.6%, and the probability of maintaining the current rate is 97.4%. The probability of the Fed maintaining the rate 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%.
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