The probability of the Federal Reserve keeping interest rates unchanged in April is 99%

According to CME's "FedWatch": The probability of the Federal Reserve 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 is 2.6%, the probability of maintaining the current rate is 96.4%, and the probability of a cumulative 25-basis-point rate hike is 1%.