The probability of the Federal Reserve cutting interest rates by 25 basis points is only 2.7% as the May interest rate is approaching

According to BlockBeats, on May 6th, according to data from CME's "Federal Reserve Watch", there are only 1 day and 17 hours left until the next FOMC meeting of the Federal Reserve. The probability of a 25 basis point interest rate cut in May is only 2.7%, and the probability of keeping interest rates unchanged is 97.3%. The probability of the Federal Reserve keeping interest rates unchanged until June is 69.8%, the probability of a cumulative 25 basis point rate cut is 29.4%, and the probability of a cumulative 50 basis point rate cut is 0.8%.