CME FedWatch: Only 2.6% Chance of 25 Basis Point Rate Cut in June

Blockbeats
06-08

BlockBeats News, June 8th, according to CME's "FedWatch" data, there are 10 days left until the next FOMC meeting. The probability of a 25 basis point rate cut in June is 2.6%, while the probability of unchanged rates is 97.4%.

The probability of the Fed maintaining interest rates 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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