The probability of the Fed keeping interest rates unchanged in June has risen to 81%.

According to CME's "Fed Watch", the probability of the Fed keeping interest rates unchanged in May is 96.9%, and the probability of a cumulative 25 basis point rate cut is 3.1%. The probability of the Fed keeping interest rates unchanged by June is 81.0%, the probability of a cumulative 25 basis point rate cut is 18.5%, and the probability of a cumulative 50 basis point rate cut is 0.5%.