The probability of the Federal Reserve keeping interest rates unchanged in May and June is 98.3% and 72.3% respectively.

According to Jinshi, CME's "Fed Watch" data shows that the probability of the Fed keeping interest rates unchanged in May is 98.3%, and the probability of a cumulative 25 basis point rate cut is 1.7%. By June, the probability of the Fed keeping interest rates unchanged is 72.3%, the probability of a cumulative 25 basis point rate cut is 27.3%, and the probability of a cumulative 50 basis point rate cut is 0.5%.