Before the release of the non-farm payrolls, the probability that the Federal Reserve will keep interest rates unchanged in May is 60.1%

Odaily Planet Daily News: Before the release of the non-agricultural data, according to CME's "Fed Watch", the probability of the Fed keeping interest rates unchanged in May is 60.1%, and the probability of a 25 basis point rate cut is 39.9%. The probability of the Fed keeping interest rates unchanged by June is 0, the probability of a cumulative 25 basis point rate cut is 53.2%, and the probability of a cumulative 50 basis point rate cut is 42.2%. (Jinshi)