Before the FOMC statement, the probability of the Federal Reserve staying put at this meeting was 97.6%, compared to 93% in June.
2024-05-01 17:55:51
According to the CME "Fed Watch", the probability of the Fed keeping interest rates unchanged in May is 97.6%, and the probability of cutting interest rates by 25 basis points is 2.4%. The probability of the Fed keeping interest rates unchanged by June is 93.6%, the probability of a cumulative rate cut of 25 basis points is 6.3%, and the probability of a cumulative rate cut of 50 basis points is 0.1%. The probability of keeping interest rates unchanged by July is 80.0%, the probability of a cumulative rate cut of 25 basis points is 19.0%, and the probability of a cumulative rate cut of 50 basis points is 1.0%.
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