Market Bets on No Rate Cuts from Fed in May

Market analysts anticipate that the Federal Reserve (Fed) will hold its interest rates steady at its upcoming meeting in May. Current market sentiment suggests a near-certainty of no rate cuts, despite expectations for economic data to influence the decision. CME FedWatch data shows a 9% probability of a rate cut, while Polymarket data indicates an 80% likelihood of interest rates remaining unchanged. Expert opinions highlight that economic indicators and market activity will play a pivotal role in the Fed’s decision.