The probability of the Federal Reserve maintaining the interest rate in April is 98.4%.
According to CME's "FedWatch": the probability of a 25 basis point rate hike by the Fed in April is 1.6%, with a 98.4% probability of keeping rates unchanged. The probability of a cumulative 25 basis point rate cut by the Fed by June is 1.6%, with a 96.9% probability of keeping rates unchanged, and a 1.5% probability of a cumulative 25 basis point rate hike.
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