Before the release of non-agricultural data, the probability of the Federal Reserve cutting interest rates in May continued to climb to 39.9%"
According to online reports, according to CME's "Federal Reserve Observation" data, the probability of the Federal Reserve keeping interest rates unchanged in May is 60.1%, and the probability of cutting interest rates by 25 basis points is 39.9%. The probability that the Fed will keep interest rates unchanged until June is 0, the probability of a cumulative interest rate cut by 25 basis points is 53.2%, and the probability of a cumulative interest rate cut by 50 basis points is 42.2%.
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