PANews reported on May 2 that according to CME's "Fed Watch": The probability of the Fed keeping interest rates unchanged in May is 95.3%, and the probability of a 25 basis point rate cut is 4.7%. The probability of the Fed keeping interest rates unchanged in June is 42.2%, the probability of a cumulative 25 basis point rate cut is 55.1%, and the probability of a cumulative 50 basis point rate cut is 2.6%.
Before the release of non-farm data, the probability that the Federal Reserve will keep interest rates unchanged in May is 95.3%
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