CME Fed Watch: The probability of the Fed keeping interest rates unchanged in May is 84.3%

BlockBeats news, on March 25, CME Fed Watch data showed that the probability of the Federal Reserve keeping interest rates unchanged in the range of 5.25%-5.50% in May was 84.3%, and the probability of cutting interest rates by 25 basis points was 15.7%. In addition, the probability of the Fed keeping interest rates unchanged through June is 26.0%, the probability of a cumulative 25 basis point rate cut is 63.2%, and the probability of a cumulative 50 basis point rate cut is 10.9%.