Probability of Fed Keeping Rates Unchanged in June at 99.4%

On June 17, according to CME's 'FedWatch' data, the probability of the Federal Reserve maintaining interest rates unchanged in June is currently reported at 99.4%, while the probability of a 25 basis point rate hike is at 0.6%. At 2:00 AM UTC+8 on Thursday, the Federal Open Market Committee (FOMC) will announce its rate decision and economic projections; at 2:30 AM UTC+8, Fed Chairman Waller will hold a monetary policy press conference.