The probability of the Federal Reserve keeping interest rates unchanged in April is 87.6%, with a probability of a rate hike at 12.4%.
According to CME's "Fed Watch": The probability of the Federal Reserve raising interest rates by 25 basis points in April is 12.4%, while the probability of keeping rates unchanged is 87.6%. The probability of the Federal Reserve raising interest rates by a cumulative 25 basis points by June is 21.9%, the probability of raising rates by a cumulative 50 basis points is 1.6%, and the probability of keeping rates unchanged is 76.5%.
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