TechFlow news, according to updated data from CME's "Fed Watch," the probability of the Federal Reserve holding rates steady in June is 91.6% (up from 91.5% before CPI release), while the probability of a 25 basis point rate cut is 8.4%. The probability of maintaining rates unchanged through August stands at 65.1% (down from 66% before CPI release), with a 32.5% chance of a cumulative 25 basis point rate cut and a 2.4% chance of a cumulative 50 basis point rate cut.
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