The probability of the Fed keeping interest rates unchanged in June and August is 99.4% and 91.1% respectively.

According to Jinshi, CME's "Fed Watch" data shows that the probability of the Fed keeping interest rates unchanged in June is 99.4%, and the probability of a 25 basis point rate cut is 0.6%. At the same time, the probability of the Fed keeping interest rates unchanged by August is 91.1%, the probability of a cumulative 25 basis point rate cut is 8.8%, and the probability of a cumulative 50 basis point rate cut is 0.1%.