CME: High Probability of Fed Maintaining Rates Until June

On May 1, Jin10 reported that according to CME's 'FedWatch', there is a 95% probability that the U.S. Federal Reserve will keep interest rates unchanged until June. The likelihood of a cumulative 25 basis point rate cut stands at 5%. By July, the probability of maintaining rates is 87.9%, with a 11.7% chance of a 25 basis point cut and a 0.4% chance of a 50 basis point cut.