The probability of maintaining interest rates unchanged before the Federal Reserve's interest rate decision reaches 98.9%

According to Jinshi reports, the CME "Fed Watch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points at this meeting is 0%, the probability of maintaining the current interest rate is 98.9%, and the probability of raising interest rates by 25 basis points is 1.1%. By April, the cumulative probability of a 25 basis point rate cut is 2%, the probability of maintaining the current interest rate is 96.9%, and the probability of raising interest rates by 25 basis points is 1%. By June, the cumulative probability of a 25 basis point rate cut is 16.3%, the probability of maintaining the current interest rate is 82.5%, and the probability of raising interest rates by 25 basis points is 0.9%.