The Federal Reserve is about to hold its May interest rate meeting, and the probability of a 25 basis point rate cut is only 2.7%
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Planet Daily News: According to CME "Federal Reserve Watch" data, with 1 day and 17 hours remaining until the next FOMC meeting, the probability of a 25 basis point rate cut in May is only 2.7%, while the probability of maintaining the current interest rate is 97.3%. The probability of the Federal Reserve maintaining interest rates unchanged until June is 69.8%, with a 29.4% chance of a cumulative 25 basis point rate cut, and a 0.8% probability of a cumulative 50 basis point rate cut.
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