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

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 2.6%, while the probability of keeping rates unchanged is 97.4%. By June, the cumulative probability of a 25 basis point rate cut is 6.6%, the probability of keeping rates unchanged is 91%, and the cumulative probability of a 25 basis point rate hike is 2.4%.