On May 12, according to CME’s “Federal Reserve Watch”: the probability of the Federal Reserve maintaining the interest rate in June is 82.7%, and the probability of a 25 basis point rate cut is 17.3%. The probability of the Federal Reserve maintaining the interest rate in July is 40.8%, the cumulative probability of a 25 basis point rate cut is 50.7%, and the cumulative probability of a 50 basis point rate cut is 8.7%.
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The probability of the Federal Reserve maintaining the interest rate unchanged in June is 82.7%.
On May 12, according to CME’s “Federal Reserve Watch”: the probability of the Federal Reserve maintaining the interest rate in June is 82.7%, and the probability of a 25 basis point rate cut is 17.3%. The probability of the Federal Reserve maintaining the interest rate in July is 40.8%, the cumulative probability of a 25 basis point rate cut is 50.7%, and the cumulative probability of a 50 basis point rate cut is 8.7%.