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.
