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 1.6%, while the probability of keeping rates unchanged is 98.4%. By June, the probability of a cumulative 25 basis point rate cut is 3.9%, the probability of keeping rates unchanged is 94.6%, and the probability of a cumulative 25 basis point rate hike is 1.5%.
The probability of the Federal Reserve keeping interest rates unchanged in April has reached 98.4%.
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