Federal funds futures pricing indicates that the Federal Reserve will keep rates unchanged for the rest of the year.

```htmlGolden Ten Data reported on May 8 that, according to CME "FedWatch" data, federal funds futures still indicate that investors expect the Federal Reserve to keep interest rates unchanged for a considerable length of time, extending into next year. After the release of a stronger-than-expected employment report, the probability expectation that interest rates will remain unchanged before December dropped slightly from 73.1% shortly before the data was released to 71.8%. Expectations for either a rate hike or a rate cut have increased slightly.```