The probability of the Federal Reserve maintaining the interest rate unchanged in May is 87.8%

According to CME "Fed Watch": The probability of the Federal Reserve maintaining interest rates in May is 87.8%, and the probability of a rate cut by 25 basis points is 12.2%. The likelihood of the Fed keeping interest rates unchanged until June is 18.1%, with a cumulative chance of a rate cut by 25 basis points at 72.2% and a cumulative chance for a rate cut by 50 basis points at 9.7%.