The probability of the Federal Reserve keeping interest rates unchanged in May and June is 96.2% and 83.0% respectively.

According to Jinshi, CME's "Fed Watch" data shows that the probability of the Fed keeping interest rates unchanged in May is 96.2%, and the probability of a 25 basis point rate cut is 3.8%. By June, the probability of the Fed keeping interest rates unchanged is 83.0%, the probability of a cumulative 25 basis point rate cut is 16.5%, and the probability of a cumulative 50 basis point rate cut is 0.5%.