Before the Non-Farm Payrolls data release, the probability of the Fed keeping rates unchanged in May is 95.3%.

BlockBeats News, May 2nd, according to CME's "FedWatch": 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 by June is 42.2%, the cumulative probability of a 25 basis point rate cut is 55.1%, and the cumulative probability of a 50 basis point rate cut is 2.6%. (FXStreet)