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

According to Jinshi News, the CME "FedWatch" 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 the rates unchanged is as high as 99.5%. By June, the cumulative probability of a 25 basis point rate cut is 7.8%, the probability of keeping the rates unchanged is 91.7%, and the cumulative probability of a 25 basis point rate hike is 0.5%.