The probability of the Fed keeping interest rates unchanged in May has dropped to 91.7%.
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Planet Daily News: According to CME "Fed Watch": The probability of the Federal Reserve maintaining interest rates unchanged in May is 91.7%, while the probability of a 25 basis point rate cut is 8.3%. The probability of the Federal Reserve maintaining interest rates unchanged until June is 32.8%, with a cumulative probability of a 25 basis point rate cut at 61.8%, and a cumulative probability of a 50 basis point rate cut at 5.3%.
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