The probability that the Federal Reserve will keep interest rates unchanged in May rises to 99%.
2024-05-01 12:42:22
According to the CME "Fed Watch", the probability that the Fed will keep interest rates unchanged in May is 99% (97.5% before the data release), and the probability of a 25 basis point rate cut is 1%. The probability that the Fed will keep interest rates unchanged in June is 89.7%, the probability of a cumulative 25 basis point rate cut is 9.4%, and the probability of a cumulative 25 basis point rate hike is 0.9%.
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