According to Jinshi Data, the CME 'FedWatch' shows that the probability of the Federal Reserve keeping interest rates unchanged in May is 90.3%, and the probability of a 25 basis point rate cut is 9.7%.
The probability of the Federal Reserve keeping interest rates unchanged until June is 35.5%, the cumulative probability of a 25 basis point rate cut is 58.6%, and the cumulative probability of a 50 basis point rate cut is 5.9%.