The probability of the Federal Reserve keeping interest rates unchanged in May is 86.1%

According to CME "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in May is 86.1%, while the probability of a 25 basis point rate cut is 13.9%. By June, the probability of the Federal Reserve keeping interest rates unchanged is 39.6%, with a cumulative probability of a 25 basis point rate cut being 52.8%, and a cumulative probability of a 50 basis point rate cut being 7.5%.