TechFlow news, according to CME's "Fed Watch": The probability of the Federal Reserve holding rates steady in June is 91.5%, while the probability of a 25 basis point rate cut is 8.5%. By August, the probability of maintaining current rates stands at 66%, with a cumulative 31.6% chance of a 25 basis point rate cut and a 2.4% chance of a cumulative 50 basis point reduction.
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