Before the release of the US CPI, the probability that the Federal Reserve will keep interest rates unchanged in May is 83.5%

Odaily News According to CME's "Fed Watch": The probability of the Fed keeping interest rates unchanged in May is 83.5%, and the probability of a 25 basis point rate cut is 16.5%. The probability of the Fed keeping interest rates unchanged by June is 27.1%, the probability of a cumulative 25 basis point rate cut is 61.7%, and the probability of a cumulative 50 basis point rate cut is 11.1%. (Jinshi)