The probability of the Federal Reserve maintaining the same interest rate in May is 93.3%

According to CME's "Fed Watch", the probability of the Federal Reserve maintaining interest rates in May is 93.3%, and the cumulative probability of a 25 basis point cut is 6.7%. The likelihood that the Fed will keep interest rates unchanged until June is 50.9%, with a cumulative chance of a 25 basis point reduction at 46.1% and a cumulative chance of a 50 basis point reduction at 3.1%.