The probability of the Federal Reserve keeping interest rates unchanged in April is 99%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in April is 99%, and the probability of a 25 basis point rate hike is 1%. By June, the cumulative probability of a 25 basis point rate cut is 1.5%, the probability of keeping interest rates unchanged is 97.5%, and the cumulative probability of a 25 basis point rate hike is 1%.