After the CPI data release, the probability of the Fed holding rates steady in June is 96.3%.

TechFlow News, June 10: According to CME’s “FedWatch,” the probability that the Federal Reserve will hold interest rates steady through June is 96.3%, while the probability of a cumulative 25-basis-point rate cut is 3.7%. The probability that the Fed will hold rates steady through July is 86.4%, while the probabilities of a cumulative 25-basis-point rate hike and a cumulative 25-basis-point rate cut are 10.3% and 3.3%, respectively. (Jinshi)