The crucial moment is approaching, and the market fluctuations are expected.
On May 8 at 2:00 AM Beijing time, the Federal Reserve will announce the latest interest rate decision, and investors hope that the Federal Reserve will cut interest rates as soon as possible. However, the market currently widely expects that the Federal Reserve will maintain interest rates at this meeting, with a rate cut possibly occurring in June.
Currently, the market widely anticipates that the Federal Reserve will keep the policy interest rate unchanged at 4.25% to 4.50% in May. According to the CME FedWatch Tool, the market estimates a 97.2% probability that the Federal Reserve will maintain the current interest rate in May, with only a 2.8% chance of a 25 basis point cut, and a total of 3 rate changes expected for the Federal Reserve in 2025.