CME FedWatch: Probability of 25 Basis Point Rate Cut in May is 5.1%

BlockBeats News, April 30th, according to CME's "FedWatch" data, there are 7 days and 2 hours left until the next FOMC meeting. The probability of a 25 basis point rate cut in May is 5.1%, and the probability of rates staying unchanged is 94.9%.

The probability of the Fed keeping rates unchanged until June is 29.9%, the cumulative probability of a 25 basis point cut is 66.6%, and the cumulative probability of a 50 basis point cut is 3.5%.