CME FedWatch: Probability of a 25 Basis Point Rate Cut in May is 5.1%
According to a report by Jinse Finance, based on CME's "Fed Watch" data, there are 7 days and 2 hours remaining until the next FOMC meeting of the Federal Reserve. The probability of a 25 basis point rate cut in May is 5.1%, while the probability of maintaining the current rate is 94.9%. The probability of the Federal Reserve maintaining the current rate until June is 29.9%, with a cumulative probability of a 25 basis point rate cut at 66.6%, and a cumulative probability of a 50 basis point rate cut at 3.5%.
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