On May 7th, The Federal Reserve (FED) is expected to announce its interest rate decision at 2 AM Beijing time tomorrow. According to CME “FED Watch” data, the probability of a 25 basis point rate cut in May is only 3.1%, while the probability of maintaining the current rate is 96.9%.
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The Federal Reserve (FED) will announce its interest rate decision tomorrow at 2 AM, with a 3.1% probability of a rate cut in May.
On May 7th, The Federal Reserve (FED) is expected to announce its interest rate decision at 2 AM Beijing time tomorrow. According to CME “FED Watch” data, the probability of a 25 basis point rate cut in May is only 3.1%, while the probability of maintaining the current rate is 96.9%.