Before the release of the US CPI, the probability that the Federal Reserve will maintain interest rates unchanged in June was 99.8%.

According to CME "Fed Watch", the probability that the Fed will keep interest rates unchanged in June is 99.8%, and the probability of a 25 basis point cut is 0.2%. The probability that the Fed will keep interest rates unchanged in July is 87.5%, and the probability of a cumulative 25 basis point cut is 12.5%.