After the release of ADP data, the probability of the Federal Reserve maintaining interest rates unchanged in June did not change much

Bitget2024/06/05 12:31

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According to CME's "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in June is 99.7%, and the probability of raising them by 25 basis points is 0.3%. The likelihood of the Fed maintaining current interest rates until August is 81.2%, with a cumulative chance of lowering them by 25 basis points at 18.5% and increasing them by 25 basis points at just 0.2%.

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After the release of ADP data, the probability of the Federal Reserve maintaining interest rates unchanged in June did not change much

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