The probability that the Fed will remain on hold in June is 84.3%
May 22nd, according to CME's "Fed Watch": the probability that the Federal Reserve will keep interest rates unchanged in June is 84.3%, and the probability of raising interest rates by 25 basis points is 15.7%; the probability of keeping interest rates at the current level by July is 79.1% , the probability of a cumulative interest rate hike of 25 basis points is 19.9%, and the probability of a cumulative interest rate hike of 50 basis points is 1.0.
Although the United States intends to pause, the harm to the global economy has become unpopular. Recently, South Africa, Brazil, Argentina and other countries announced that they are seriously dissatisfied with the fact that the Federal Reserve's interest rate hikes have failed to improve other countries' economies, resulting in a large amount of capital from emerging economies returning to the United States. It is necessary to establish a multi-system global settlement and reduce the impact of US dollar hegemony!
Although the United States has always had the principle of "America First", the use of US dollars to harvest the world many times in the past 50 years has stimulated the financial awakening of various countries.