According to PANews, the Federal Reserve is expected to maintain its current interest rates in May and June. The probability of the rates remaining unchanged in May is 99%, a slight increase from the previously predicted 97.5%. The likelihood of a 25 basis point rate cut is estimated at 1%.
Moving into June, the odds of the Federal Reserve maintaining the current interest rates stand at 89.7%. The chances of a cumulative 25 basis point rate cut are predicted at 9.4%, while the probability of a cumulative 25 basis point rate hike is estimated at a mere 0.9%. These figures indicate a strong likelihood of stability in the Federal Reserve's interest rates over the next two months.