Ahead of NFP: 55.1% chance of Fed hike of 25 bps in May

04/07 12:25

According to CME "Fed Watch": the probability of the Fed keeping interest rates unchanged in May is 44.9%, and the probability of raising rates by 25 basis points to a range of 5.00%-5.25% is 55.1%; the probability of a cumulative rate cut of 25 basis points by June is 6.0%, the probability of keeping rates unchanged is 46.3%, and the probability of a cumulative rate hike of 25 basis points is 47.7%. The probability of a 25 basis point rate cut by June is 6.0%, the probability of no change is 46.3% and the probability of a cumulative rate increase is 47.7%.
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