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

According to Jinshi reports, 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 cumulative probability of a 25 basis point rate cut is 4.5%, the probability of keeping rates unchanged is 95%, and the cumulative probability of a 25 basis point rate hike is 0.5%.