The probability of the Federal Reserve keeping interest rates unchanged in May is 56.7%, a decrease from before the non-farm payroll report was released
ChainCatcher news, according to CME's "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in May is 56.7%, down from 60.1% before the non-farm payroll report. The probability of a 25 basis point rate cut is 43.3%. The probability of the Federal Reserve maintaining interest rates unchanged until June is 0, the probability of a cumulative 25 basis point rate cut is 52.1%, the probability of a cumulative 50 basis point rate cut is 44.3%, and the probability of a cumulative 75 basis point rate cut is 3.5%.
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