The probability of the Fed keeping interest rates unchanged in June is 98.1%.

According to CME's "Fed Watch": The probability of the Fed keeping interest rates unchanged in June is 98.1%, with a 1.9% probability of a cumulative 25 basis points rate cut. The probability of the Fed keeping interest rates unchanged in July is 84.7%, with a 13.6% probability of a cumulative 25 basis points rate hike and a 1.6% probability of a cumulative 25 basis points rate cut.