The probability of the Federal Reserve maintaining the interest rate unchanged in May is 83.3%

According to CME "Fed Watch": The probability of the Federal Reserve maintaining interest rates in May is 83.3%, and the probability of a rate cut by 25 basis points is 16.7%. The likelihood of the Fed keeping interest rates unchanged until June is 23.3%, with a cumulative chance of a rate cut by 25 basis points at 64.7% and a cumulative chance for a rate cut by 50 basis points at 12%.