The probability of the Federal Reserve maintaining the same interest rate in May and June is 96% and 83.1% respectively
According to CME's "Fed Watch", the probability of the Federal Reserve keeping interest rates unchanged in May is 96%, and the probability of a 25 basis point cut is 4%. By June, the likelihood of the Fed maintaining steady rates stands at 83.1%, with a cumulative chance of a 25 basis point reduction at 16.4% and a cumulative chance for a 50 basis point cut at just 0.5%.
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