CME "Fed Watch": The probability of the Fed keeping interest rates unchanged in May has risen to 99.7%
Mars Finance reported that according to CME's "Fed Watch", the probability of the Fed keeping interest rates unchanged in May is 99.7% (98.4% before the data was released), and the probability of raising interest rates by 25 basis points is 0.3%. The probability of the Fed keeping interest rates unchanged by June is 86% (79.9% before the data was released), the probability of a cumulative 25 basis point rate cut is 13.8%, and the probability of a cumulative 25 basis point rate hike is 0.2%.
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