The probability of the Federal Reserve keeping interest rates unchanged in April is 99.5%

According to Jinshi News, CME's "Fed Watch" shows that the probability of the Federal Reserve raising interest rates by 25 basis points in April is 0.5%, while the probability of keeping rates unchanged is 99.5%. By June, the probability of the Federal Reserve cumulatively cutting rates by 25 basis points is 6%, the probability of keeping rates unchanged is 93.5%, and the probability of cumulatively raising rates by 25 basis points is 0.5%.