Probability of the Fed Keeping Rates Unchanged in May is 97.3%
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According to CME "FedWatch": The probability of the Federal Reserve keeping rates unchanged in May is 97.3%, and the probability of a 25 basis point rate cut is 2.7%. The probability of the Federal Reserve keeping rates unchanged until June is 69.8%, with a cumulative probability of a 25 basis point rate cut at 29.4% and a cumulative probability of a 50 basis point rate cut at 0.8%.
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