cme rate - CME Predicts 94.2% Probability of Fed Holding Rates Steady in June
The CME's "FedWatch" tool indicates a 94.2% probability that the Federal Reserve will keep interest rates unchanged in June. There is a 5.8% chance of a 25-basis-point rate cut. Looking ahead to July, the probability of maintaining the current rate is 84.1%, with a 15.3% chance of a 25-basis-point cut