The probability of the Fed staying put at this meeting is 97.7% before the FOMC statement

06/14 17:54

According to CME "Fed Watch": the probability of the Fed keeping interest rates unchanged at 5.00%-5.25% in June is 97.7%, and the probability of raising rates by 25 basis points to the 5.25%-5.50% range is 2.3%; the probability of keeping rates unchanged at 5.00%-5.25% by July is 39.6%, and the probability of raising rates by 25 basis points to the 5.25%-5.50% range is 59.1%; the probability of keeping rates unchanged by September is 59.1%. The probability of a 25 basis point hike to a range of 5.25%-5.50% is 59.1%; the probability of rates remaining unchanged at 5.00%-5.25% by September is 38.0%.
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