The probability of the Federal Reserve keeping interest rates unchanged in May is 92.3%.
04-30 13:35
Odaily News The US has released a number of economic data, including a cliff-like plunge in the small non-farm payrolls and a contraction in the first quarter of the US GDP. According to the CME "Fed Watch", the probability of the Fed keeping interest rates unchanged in May is 92.3%, and the probability of a 25 basis point rate cut is 7.7%. The probability of the Fed keeping interest rates unchanged by June is 35.1%, the probability of a cumulative 25 basis point rate cut is 60.2%, and the probability of a cumulative 50 basis point rate cut is 4.8%.
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