The probability of the Federal Reserve keeping interest rates unchanged in April is 98.4%

According to CME's "Federal Reserve Watch" data, the probability of the Fed raising interest rates by 25 basis points in April is 1.6%, and the probability of keeping rates unchanged is 98.4%. The probability of a cumulative 25 basis point interest rate cut by June has decreased to 0%, the probability of maintaining the interest rate unchanged is 98.2%, and the probability of a cumulative 25 basis point interest rate hike is 1.8%.