The probability of the Federal Reserve maintaining the same interest rate in May is 94.6%
According to CME's "Fed Watch", the probability of the Federal Reserve keeping interest rates unchanged in May is 94.6%, and the probability of a rate cut by 25 basis points is 5.4%. The likelihood of the Fed maintaining steady rates until June is 88.5%, with an accumulated chance of a rate cut by 25 basis points at 11.2% and a cumulative possibility for a reduction by 50 basis points at just 0.3%.
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