The probability that the Federal Reserve will leave interest rates unchanged in May before the non-farm payrolls release is 60.1%.
According to Golden Ten data, before the release of non-farm payrolls, according to the CME ‘Fed Watch’ the probability that the Fed will keep interest rates unchanged in May is 60.1%, the probability of a 25 basis point cut in interest rates is 39.9%. The probability that the Fed will keep interest rates unchanged in June is 0, the probability of a cumulative interest rate cut of 25 basis points is 53.2%, and the probability of a cumulative interest rate cut of 50 basis points is 42.2%.
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