The probability of the Fed keeping interest rates unchanged in May is 96%.
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According to CME's "Odaily Watch", the probability of the Fed keeping interest rates unchanged in May is 96%, and the probability of a 25 basis point rate cut is 4%. The probability of the Fed keeping interest rates unchanged by June is 83.1%, and the probability of a cumulative 25 basis point rate cut is 16.3%.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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