The probability of the Federal Reserve keeping interest rates unchanged is 98.9%, and the probability of a rate cut is 0%

According to Jinshi reports, the CME "Fed Watch" shows that the probability of the Federal Reserve maintaining interest rates this week is 98.9%, the probability of a 25 basis point rate cut is 0%, and the probability of a 25 basis point rate hike is 1.1%. By April, the cumulative probability of a 25 basis point rate cut is 3.1%, the probability of maintaining interest rates is 95.9%, and the probability of a 25 basis point rate hike is 1.1%. By June, the cumulative probability of a 25 basis point rate cut is 78.1%.