According to ChainCatcher, citing Jinshi, CME's "FedWatch" shows a 99.1% probability that the Federal Reserve will keep interest rates unchanged this week, and a 0.9% probability of a 25 basis point rate cut. By April, the probability of a cumulative 25 basis point rate cut is 3%, the probability of keeping rates unchanged is 97%, and the probability of a cumulative 50 basis point rate cut is 0%. By June, the probability of a cumulative 25 basis point rate cut is 21.9%.
The probability of the Federal Reserve keeping interest rates unchanged is 99.1%.
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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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