CME Fed Watch: There is a 100% chance that the Fed will keep interest rates unchanged in May

According to BlockBeats, according to CME Fed Watch data, the probability of the Fed keeping interest rates unchanged in May is 100%, and the probability of a cumulative 25 basis point interest rate cut is 0%. In June, the probability of the Fed keeping interest rates unchanged was 48.7%, and the probability of cutting interest rates by 25 basis points cumulatively was 51.3%.