CME: The probability of the Federal Reserve keeping interest rates unchanged in April is 99.5%

According to CME's "Federal Reserve Watch" data, the probability of the Federal Reserve raising interest rates by 25 basis points in April is 0.5%, and the probability of keeping interest rates unchanged is 99.5%. The probability of a cumulative 25 basis point interest rate cut by June is 4.5%, the probability of maintaining the interest rate unchanged is 95%, and the probability of a cumulative 25 basis point interest rate hike is 0.5%.