The Federal Reserve will announce its interest rate decision tonight, with only a 4.4% probability of a rate cut in May.

BlockBeats News, May 7th. According to CME's "FedWatch" data, the Federal Reserve will announce its interest rate decision tonight (2:00 AM Beijing Time on May 8th). The probability of a 25 basis point rate cut in May is 4.4%, while the probability of rates staying unchanged is 95.6%.

The current probability of the Federal Reserve keeping rates unchanged until June is 70.3%, with a cumulative 25 basis point rate cut probability of 28.5%, and a cumulative 50 basis point rate cut probability of 1.2%.