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According to CME's "FedWatch", the probability of the Federal Reserve hiking rates by 25 basis points in April is 1.6%, while the probability of keeping rates unchanged is 98.4%. The probability of the Federal Reserve lowering rates by a cumulative 25 basis points by June is 4.1%, while the probability of maintaining rates unchanged is 94.4%. The probability of hiking rates by a cumulative 25 basis points is 1.5%.
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