CME: The probability of the Federal Reserve maintaining the interest rate unchanged in May is 91%, and the cumulative probability of a 25 basis point cut in June is 64%

CME "Federal Reserve Watch" data shows that the probability of the Federal Reserve keeping interest rates unchanged in May is 91%, and the cumulative probability of a rate cut by 25 basis points is 9.0%. The likelihood of the Fed maintaining steady rates until June is at 29.9%, with a cumulative chance for a rate cut by 25 basis points at 64.0% and a cumulative chance for a rate cut by 50 basis points at 6.0%.