Fed's Probability of Keeping Rates Unchanged in April at 99%

Odaily reported that, according to the CME "FedWatch", the probability of the Fed raising interest rates by 25 basis points in April is 1%, while the probability of keeping rates unchanged is 99%. By June, the probability of a cumulative 25 basis point rate cut stands at 2.6%, the probability of maintaining current rates is 96.4%, and the probability of a cumulative 25 basis point rate hike is 1%.