The probability of the Fed keeping rates unchanged in May is 83.2%

According to Jinse, as reported by CME "Fed Watch", the probability of the Federal Reserve keeping rates unchanged in May is 83.2%, while the probability of a 25 basis point rate cut is 16.8%. By June, the probability of the Fed keeping rates unchanged is 32.8%, the cumulative probability of a 25 basis point rate cut is 57.0%, and the cumulative probability of a 50 basis point rate cut is 10.2%.