May Interest Rate Hike: Fedwatch Probabilities Indicate Slight Shift

Market expectations for the Federal Reserve’s May interest rate decision are shifting slightly. CME Group’s ‘FedWatch’ tool reveals a 13.2% probability of a 0.25 percentage point decrease in rates, while the chance of no change stands at an impressive 86.8%. This suggests that economists may be anticipating a more cautious approach from the central bank this month.