The probability that the Fed will keep interest rates unchanged in May is 98.7%
Based on the "Fed Watch" by CME, the probability of the Fed keeping interest rates unchanged in May is 98.7%, while the probability of a cumulative 25 basis point interest rate cut is 1.3%. The probability of the Fed keeping interest rates unchanged in June is 37.7%, while the probability of a cumulative 25 basis point interest rate cut is 61.5%, and the probability of a cumulative 50 basis point interest rate cut is 0.8%.
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