On June 18, according to CME "Federal Reserve Watch" data, the Federal Reserve will announce its interest rate decision tonight (June 19 at 2 AM Beijing time). The probability of a 25 basis point rate cut in June is 0.1%, while the probability of maintaining the interest rate is 99.9%. Currently, the probability of the Federal Reserve keeping the interest rate unchanged until July is 85.5%, and the cumulative probability of a 25 basis point rate cut is 14.5%.
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The Federal Reserve (FED) will announce the Intrerest Rate decision tonight, with a 0.1% probability of a rate cut in June.
On June 18, according to CME "Federal Reserve Watch" data, the Federal Reserve will announce its interest rate decision tonight (June 19 at 2 AM Beijing time). The probability of a 25 basis point rate cut in June is 0.1%, while the probability of maintaining the interest rate is 99.9%. Currently, the probability of the Federal Reserve keeping the interest rate unchanged until July is 85.5%, and the cumulative probability of a 25 basis point rate cut is 14.5%.