Probability that the Fed will leave interest rates unchanged in May is 83.7%
According to the CME ‘Fed Watch’: the probability that the Fed will keep interest rates unchanged in May is 83.7%, and the probability of a 25 basis point cut is 16.3%. The probability that the Fed will keep interest rates unchanged until June is 29.9%, the probability of a cumulative rate cut of 25 basis points is 59.7%, and the probability of a cumulative rate cut of 50 basis points is 10.5%.
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