The probability of the Federal Reserve keeping interest rates unchanged in April is 97.4%

According to Jinshi News, the CME "Fed Watch" shows that the probability of the Federal Reserve raising interest rates by 25 basis points in April is 2.6%, while the probability of keeping the interest rate unchanged is 97.4%. By June, the cumulative probability of a 25 basis point rate cut is 5%, the probability of keeping the interest rate unchanged is 92.5%, and the cumulative probability of a 25 basis point rate hike is 2.5%.