CME Fed Watch Tool Shows Extremely Low Possibility Of Fed Holding Back By The End Of This Year

At present, the CME Fed Watch tool shows that by the end of this year, the chances of the Fed holding back is only 1.2%, and the chances of cutting interest rates by 25, 50, 75, and 100 basis points on the current basis are 10.2%, 34.1%, 39.9, and 14.6%, respectively.

This week, a new batch of U.S. inflation indicators will be released, and the pricing of the Fed's interest rate policy has entered a critical period. U.S. CPI and PPI for April will be announced on Wednesday and Thursday, Eastern Time, respectively.