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There is a 99.8% probability that the Federal Reserve will keep interest rates unchanged this week
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According to CME "FedWatch": there is a 99.8% probability that the Federal Reserve will keep interest rates unchanged in June, and a 0.2% probability of a 25 basis point rate cut. For July, there is an 87.5% probability that rates will remain unchanged, a 12.5% probability of a cumulative 25 basis point rate cut, and a 0% probability of a cumulative 50 basis point rate cut.
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