*Federal Reserve Update!*

The probability of unchanged interest rates in May surges to 99.4%! According to CME's FedWatch, the likelihood of a rate cut is slim, with a 0.6% chance of a 25 basis point cut.

*Key Takeaways:*

- Robust labor market data supports Fed's patience.

- Economic weakness risks may influence future decisions.

*Market Expectations:*

- May: 99.4% chance of rates unchanged.

- June: 53.8% chance of rates unchanged, 45.9% for 25bps cut.

#FederalReserve #interestrates #MonetaryPolicy #EconomicOutlook #FedWatch70