PANews reported on May 6 that according to CME's "Fed Watch": The probability of the Fed keeping interest rates unchanged in May is 97.3%, and the probability of a 25 basis point rate cut is 2.7%. The probability of the Fed keeping interest rates unchanged in June is 69.8%, the probability of a cumulative 25 basis point rate cut is 29.4%, and the probability of a cumulative 50 basis point rate cut is 0.8%.
The probability of the Federal Reserve keeping interest rates unchanged in May is 97.3%.
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