The probability of the Federal Reserve raising interest rates by 25 basis points in June is 65.4%.

BlockBeats reported on May 29th that according to CME's "FedWatch": there is a 34.6% probability that the Fed will maintain interest rates in June, and a 65.4% probability of a 25 basis point rate hike; there is a 20.9% probability of maintaining interest rates at current levels in July, with a 53.2% probability of a cumulative 25 basis point rate hike and a 25.9% probability of a cumulative 50 basis point rate hike.