The probability of the Fed maintaining rates in May drops to 91.7%
Jinse reported, according to CME "Fed Watch": The probability of the Fed maintaining rates in May is 91.7%, and the probability of a 25 basis point rate cut is 8.3%. The probability of the Fed maintaining rates by June is 32.8%, a cumulative 25 basis point rate cut is 61.8%, and a cumulative 50 basis point rate cut is 5.3%.
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