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Federal Reserve Has 99% Probability of Holding Rates Steady in June, CME Fed Watch Shows

GateNews
Forex

According to CME Fed Watch data, the Federal Reserve has a 99% probability of maintaining interest rates unchanged in June, with only a 1% chance of a 25 basis point rate cut. The same odds apply to July, with a 99% probability of holding rates and 1% probability of cutting. For September, the probability of maintaining rates stands at 98.8%, with a 1.2% chance of a rate cut.

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