CME Fed Watch: The probability of the Fed keeping interest rates unchanged in May is 92.7%

Odaily reported that according to CMEs Fed Watch: the probability of the Federal Reserve keeping interest rates unchanged in May is 92.7%, and the probability of cutting interest rates by 25 basis points cumulatively is 7.3%. The probability that the Fed will keep interest rates unchanged until June is 35.3%, the probability of a cumulative 25 basis point interest rate cut is 60.2%, and the probability of a cumulative 50 basis point interest rate cut is 4.5%.