BlockBeats News, April 4th, according to CME's "FedWatch" data, the probability of a 25 basis point rate cut by the Fed in May is 43.3%, an increase from the pre-nonfarm payroll data release of 39.9%, while the probability of keeping rates unchanged is 56.7%.
The probability of the Fed keeping rates unchanged until June is 0, the cumulative probability of a 25 basis point rate cut is 52.1%, the cumulative probability of a 50 basis point rate cut is 44.3%, and the cumulative probability of a 75 basis point rate cut is 3.5%.