Federal Reserve Holds Rates Steady in June With 99.3% Probability, Per CME FedWatch

GateNews
According to CME FedWatch, the Federal Reserve has a 99.3% probability of holding rates steady in June, with only a 0.7% chance of a 25-basis-point rate hike. For July, the probability of maintaining current rates stands at 94%, compared to 5.9% odds of a rate increase.
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