CME's "Fed Watch": The probability of the Fed maintaining interest rates in May is 98.3%, and the probability of a cumulative rate cut of 25 basis points is 1.7%. The probability of the Fed maintaining interest rates in June is 72.3%, the probability of a cumulative rate cut of 25 basis points is 27.3%, and the probability of a cumulative rate cut of 50 basis points is 0.5%.

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