The probability that the Federal Reserve will keep interest rates unchanged in May has dropped to 91.7%.

According to the CME "Fed Watch", the probability that the Fed will keep interest rates unchanged in May is 91.7%, and the probability of a 25 basis point cut is 8.3%. The probability that the Fed will keep interest rates unchanged in June is 32.8%, the probability of a cumulative 25 basis point cut is 61.8%, and the probability of a cumulative 50 basis point cut is 5.3%.