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After the release of ADP data, the probability of the Federal Reserve maintaining interest rates unchanged in June did not change much

After the release of ADP data, the probability of the Federal Reserve maintaining interest rates unchanged in June did not change much

Bitget2024/06/05 12:31

According to CME's "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in June is 99.7%, and the probability of raising them by 25 basis points is 0.3%. The likelihood of the Fed maintaining current interest rates until August is 81.2%, with a cumulative chance of lowering them by 25 basis points at 18.5% and increasing them by 25 basis points at just 0.2%.

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