The probability of the Federal Reserve keeping interest rates unchanged in April is 87.6%, and the probability of a rate hike is 12.4%

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 12.4%, while the probability of keeping the rates unchanged is 87.6%. By June, the cumulative probability of a 25 basis point rate hike is 21.9%, the cumulative probability of a 50 basis point rate hike is 1.6%, and the probability of keeping the rates unchanged is 76.5%.