The Federal Reserve to Announce Rate Decision Tonight, June Rate Cut Probability Only 0.1%

According to ChainCatcher, based on CME "FedWatch" data, the Federal Reserve will announce its interest rate decision tonight (2:00 a.m. on June 19, Beijing time). The probability of a 25 basis point rate cut in June is 0.1%, while the probability of keeping rates unchanged is 99.9%.

Currently, the probability that the Federal Reserve will keep rates unchanged through July is 85.5%, while the probability of a cumulative 25 basis point rate cut is 14.5%.