The probability of the Federal Reserve keeping interest rates unchanged in April is 98.4%

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 1.6%, while the probability of keeping the rates unchanged is 98.4%. By June, the cumulative probability of a 25 basis point rate cut drops to 0%, the probability of keeping the rates unchanged is 98.2%, and the cumulative probability of a 25 basis point rate hike is 1.8%.