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%

Odaily Planet Daily News According to CME's "Fed Watch" data, there is 1 day and 17 hours left before the next FOMC meeting of the Federal Reserve. The probability of a 25 basis point interest rate cut in May is only 2.7%, and the probability of keeping the interest rate unchanged is 97.3%. The probability of the Federal Reserve keeping the interest rate unchanged by June is 69.8%, the probability of a cumulative interest rate cut of 25 basis points is 29.4%, and the probability of a cumulative interest rate cut of 50 basis points is 0.8%.