According to CME “Fed Watch”: the probability of the Fed maintaining interest rates in May is 54.9%, the probability of raising interest rates by 25 basis points to the range of 5.00%-5.25% is 45.1%; the probability of cutting interest rates by 25 basis points by June is 7.8% , the probability of maintaining interest rates unchanged is 53.5%, and the probability of accumulatively raising interest rates by 25 basis points is 38.7%.
The probability of the Fed raising interest rates by 25 basis points in May rose to 45.1%
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