The probability of the Fed maintaining interest rates unchanged in April is 87.6%, while the probability of a rate hike is 12.4%

Odaily News According to CME's "FedWatch Tool": The probability of the Fed raising interest rates by 25 basis points in April is 12.4%, while the probability of keeping rates unchanged is 87.6%. The probability of the Fed implementing a cumulative 25 basis point rate hike by June is 21.9%, the probability of a cumulative 50 basis point hike is 1.6%, and the probability of maintaining rates unchanged is 76.5%. (Jin10)