TechFlow, April 10 — According to Jinshi Data, CME's "Fed Watch" data shows the probability of the Federal Reserve holding rates steady in May has dropped to 79.1%, while the chance of a 25-basis-point rate cut has risen to 20.9%.
The probability of the Fed keeping rates unchanged through June is 16.5%, with a 67% chance of a cumulative 25-basis-point rate cut and a 16.5% chance of a cumulative 50-basis-point rate cut.
Previous report: Before the release of U.S. CPI data, the probability of the Fed holding rates steady in May was 83.5%
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