The probability of the Fed maintaining rates in May is 92.3%
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Jinse reports, according to CME "Fed Watch": The probability of the Fed maintaining rates in May is 92.3%, with a 7.7% probability of a 25 basis point cut. The probability of maintaining rates by June is 37.51%, a cumulative 25 basis point cut probability is 60.2%, and a cumulative 50 basis point cut probability is 4.8%.
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