The probability of the Federal Reserve keeping interest rates unchanged in April is 98.4%

According to Jinshi News, CME's "Fed Watch" shows that the probability of the Federal Reserve raising interest rates by 25 basis points in April is 1.6%, while the probability of keeping rates unchanged is 98.4%. By June, the probability of the Federal Reserve cumulatively cutting rates by 25 basis points is 4.1%, the probability of keeping rates unchanged is 94.4%, and the probability of cumulatively raising rates by 25 basis points is 1.5%.