CME The Federal Reserve (FED) Watch: The probability of a 25 basis point rate cut in May is 5.1%

BlockBeats news, on April 30, according to CME "The Federal Reserve (FED) Watch" data, there are 7 days and 2 hours remaining until the next FOMC meeting, with a 5.1% probability of a 25 basis point rate cut in May, and a 94.9% probability of maintaining the interest rate. The probability of the Federal Reserve maintaining the interest rate until June is 29.9%, the probability of a cumulative 25 basis point rate cut is 66.6%, and the probability of a cumulative 50 basis point rate cut is 3.5%.

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