The Federal Reserve's May interest rate decision is approaching, with only a 2.7% probability of a 25 basis point rate cut.

BlockBeats News, May 6th, according to CME's "FedWatch" data, there is 1 day and 17 hours left until the next FOMC meeting. The probability of a 25 basis point rate cut in May is only 2.7%, while the probability of rates remaining unchanged is 97.3%.

The probability of the Fed keeping rates unchanged until June is 69.8%, the cumulative probability of a 25 basis point cut is 29.4%, and the cumulative probability of a 50 basis point cut is 0.8%.