The probability of the Federal Reserve keeping interest rates unchanged in April is 97.4%.
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Jinse Finance reported that on April 2, according to CME "FedWatch": there is a 2.6% probability that the Federal Reserve will raise interest rates by 25 basis points in April, and a 97.4% probability of keeping rates unchanged. By June, there is a 6.6% probability the Federal Reserve will cut rates cumulatively by 25 basis points, a 91.0% probability of keeping rates unchanged, and a 2.4% probability of a cumulative rate hike of 25 basis points.
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