According to PANews, the CME 'FedWatch' shows that the probability of the Federal Reserve keeping interest rates unchanged in May is 97.3%, and the probability of a 25 basis point rate cut is 2.7%.
By June, the probability of the Federal Reserve keeping interest rates unchanged is 69.8%, the cumulative probability of a 25 basis point rate cut is 29.4%, and the cumulative probability of a 50 basis point rate cut is 0.8%.