According to ChainCatcher, citing Jinshi, CME's "FedWatch" shows that the probability of the Federal Reserve raising interest rates by 25 basis points in April is 5.2%, while the probability of keeping rates unchanged is as high as 94.8%. Furthermore, the probability of the Fed raising rates by a cumulative 25 basis points by June is 11.7%, the probability of a cumulative 50 basis point rate hike is 0.4%, and the probability of keeping rates unchanged is 87.9%.
The probability of the Federal Reserve keeping interest rates unchanged in April is as high as 94.8%.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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