The probability of the Federal Reserve maintaining interest rates unchanged in June has risen to 97.5%

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%, both unchanged from before the announcement. The probability of the Federal Reserve cumulatively cutting rates by 25 basis points by June is 2% (down from 7.8% before the announcement), the probability of keeping rates unchanged is 97.5% (up from 91.7% before the announcement), and the probability of cumulatively raising rates by 25 basis points is 0.5% (unchanged from before the announcement).