On April 3rd, according to CME "Fed Watch": The probability of the Federal Reserve maintaining interest rates unchanged in May is 91.1%, while the probability of a 25 basis point rate cut is 8.9%.
The probability of the Federal Reserve maintaining interest rates unchanged until June is 30.5%, with a cumulative 25 basis point rate cut probability of 63.6%, and a cumulative 50 basis point rate cut probability of 5.9%.