The probabilities of the Federal Reserve maintaining the same interest rate in May and June are 94.5% and 76.6%, respectively

CME "Federal Reserve Watch" data shows that the probability of the Federal Reserve keeping interest rates unchanged in May is 94.5%, and the cumulative probability of a rate cut by 25 basis points is 5.5%. By June, the probability of the Federal Reserve maintaining unchanged interest rates is 76.6%, with a cumulative chance of a rate cut by 25 basis points at 22.4% and a cumulative chance for a rate cut by 50 basis points at 1.0%.