CME predicts a 96.8% probability that the Federal Reserve will maintain interest rates in May

According to data from Jinshi, CME's 'Fed Watch' shows that the probability of the Federal Reserve keeping interest rates unchanged in May is 96.8%, and the probability of a 25 basis point rate cut is 3.2%.

The probability of the Federal Reserve maintaining interest rates unchanged until June is 63.3%, the cumulative probability of a 25 basis point rate cut is 35.6%, and the cumulative probability of a 50 basis point rate cut is 1.1%.