Probability of Fed maintaining rates unchanged in April at 99.5% before ADP data release

Odaily News According to CME "FedWatch": The probability of the Fed raising interest rates by 25 basis points in April is 0.5%, while the probability of keeping rates unchanged is 99.5%. The probability of the Fed implementing a cumulative 25 basis point rate cut by June is 9.4%, the probability of keeping rates unchanged is 90.1%, and the probability of a cumulative 25 basis point rate hike is 0.5%.