The probability of the Federal Reserve maintaining rates unchanged in May rises to 96.3%

According to Jinse, citing CME "FedWatch": The probability of the Federal Reserve maintaining rates unchanged in May is 96.3%, and the probability of a 25 basis point rate cut is 3.7%. The probability of the Federal Reserve maintaining rates unchanged by June is 22.1%, with a cumulative probability of a 25 basis point rate cut at 75.0%, and a cumulative probability of a 50 basis point rate cut at 2.8%.