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

On June 8, according to CME "FedWatch" data, with 10 days remaining until the next FOMC meeting of the Federal Reserve, the probability of a 25 basis point rate cut in June is 2.6%, while the probability of maintaining the current rate is 97.4%.

The probability of the Federal Reserve maintaining the current rate until July is 83.3%, the cumulative probability of a 25 basis point rate cut is 16.3%, and the cumulative probability of a 50 basis point rate cut is 0.4%.