The probability of the Federal Reserve keeping the interest rate unchanged in May is 94.6%
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According to CME "FedWatch": The probability of the Federal Reserve maintaining the interest rate in May is 94.6%, with a 5.4% probability of a 25 basis point cut. The probability of the Federal Reserve keeping the interest rate unchanged until June is 41.2%, with a 55.8% probability of a cumulative 25 basis point cut, and a 3.1% probability of a cumulative 50 basis point cut.
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