PANews reported on April 23 that according to CME's "Fed Watch", the probability of the Fed keeping interest rates unchanged in May is 91.7%, and the probability of a 25 basis point rate cut is 8.3%. The probability of the Fed keeping interest rates unchanged in June is 32.8%, the probability of a cumulative 25 basis point rate cut is 61.8%, and the probability of a cumulative 50 basis point rate cut is 5.3%.
The probability of the Fed keeping interest rates unchanged in May has dropped to 91.7%.
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