The probability of the Fed raising interest rates by 25 basis points in May is 56.4%

According to CME “Fed Watch”: The probability of the Fed maintaining interest rates in May is 43.6%, the probability of raising interest rates by 25 basis points to the range of 5.00%-5.25% is 56.4%; the probability of cutting interest rates by 25 basis points by June is 5.7% , the probability of keeping interest rates unchanged is 45.3%, and the probability of accumulatively raising interest rates by 25 basis points is 49.0%.