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The Federal Reserve's May and June interest rate cut bets have been nearly wiped out

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2024-04-25 22:34:12
According to the CME "Fed Watch", the probability of the Fed keeping interest rates unchanged in May is 95.4%, and the probability of cutting interest rates by 25 basis points is 4.6%. The probability of the Fed keeping interest rates unchanged in June is 89.5%, the probability of a cumulative rate cut of 25 basis points is 10.2%, and the probability of a cumulative rate cut of 50 basis points is 0.3%.
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