According to CME FedWatch, the probability of the Federal Reserve (Fed) freezing interest rates in June is 98.6% (98.8% before the decision), while the probability of a 25bp rate cut is 1.4% (1.2% before the decision). The probability of a rate freeze until July is 96.5% (94.6% before the decision), and the cumulative probability of a 25bp rate cut is 3.4% (5.4% before the decision). Until September, the probability of a freeze is 96.1% (92.7% before the decision), and the cumulative probability of a 25bp rate cut is 3.8% (7.2% before the decision).
