Probability of Fed rate adjustments in May and June

According to Jinshi, CME's "Fed Watch" data shows that the probability of the Fed keeping interest rates unchanged in May is 91.7%, and the probability of a cumulative 25 basis point rate cut is 8.3%. By June, the probability of the Fed keeping interest rates unchanged is 35.0%, the probability of a cumulative 25 basis point rate cut is 59.8%, and the probability of a cumulative 50 basis point rate cut is 5.2%.