The probability of the Federal Reserve keeping interest rates unchanged in May and June is 96% and 83.1% respectively.

According to Jinshi, CME's "Fed Watch" data shows that the probability of the Fed keeping interest rates unchanged in May is 96%, and the probability of a 25 basis point rate cut is 4%. By June, the probability of the Fed keeping interest rates unchanged is 83.1%, and the probability of a cumulative 25 basis point rate cut is 16.3%.