Based on the "Fed Watch" of the CME, the probability of the Fed maintaining interest rates in June is 98.9%, while the probability of a 25 basis point rate hike is 1.1%. The probability of the Fed maintaining interest rates until August is 86.8%, with a cumulative probability of a 25 basis point rate cut at 12.3% and a cumulative probability of a 25 basis point rate hike at 1.0%.
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