Fed Rate Unchanged in April Probability at 93.8%
On March 27, according to CME FedWatch Tool: The probability of the Federal Reserve raising interest rates by 25 basis points in April is 6.2%, and the probability of maintaining the current interest rate is 93.8%. The probability of the Federal Reserve cumulatively raising interest rates by 25 basis points by June is 19.9%, the probability of a cumulative 50 basis point increase is 1.0%, and the probability of maintaining the current interest rate is 79.2%.
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