The probability of the Federal Reserve maintaining rates in May is 91.7%
According to a report by Jinse, referencing CME "FedWatch": The probability of the Federal Reserve maintaining rates in May is 91.7%, with an 8.3% probability of a 25 basis point rate cut. There is a 37.3% probability that the Federal Reserve will maintain rates by June, a cumulative 57.8% probability of a 25 basis point rate cut, and a 4.9% probability of a cumulative 50 basis point rate cut.
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