The probability of the Federal Reserve keeping interest rates unchanged in May and June is 94.5% and 76.6% respectively.

According to Jinshi, CME's "Fed Watch" data shows that the probability of the Fed keeping interest rates unchanged in May is 94.5%, and the probability of a cumulative 25 basis point rate cut is 5.5%. By June, the probability of the Fed keeping interest rates unchanged is 76.6%, the probability of a cumulative 25 basis point rate cut is 22.4%, and the probability of a cumulative 50 basis point rate cut is 1.0%.