The probability of the Federal Reserve keeping interest rates unchanged in May is 92.3%.
This article is machine translated
Show original
Planet Daily News: Multiple U.S. economic data were released, with a cliff-like plunge in small non-farm payrolls and a contraction in U.S. first-quarter GDP. Currently, the CME "Federal Reserve Watch" shows a 92.3% probability that the Federal Reserve will maintain interest rates unchanged in May, with a 7.7% probability of a 25 basis point rate cut. The probability of maintaining interest rates unchanged until June is 35.1%, with a 60.2% probability of a cumulative 25 basis point rate cut and a 4.8% probability of a cumulative 50 basis point rate cut.
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share