Fed's Probability of Keeping Rates Unchanged in April at 98.4%

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On April 7, according to CME’s ‘FedWatch’: The probability of the Federal Reserve raising rates by 25 basis points in April is 1.6%, while the probability of keeping rates unchanged is 98.4%. The probability of the Fed cutting rates by a cumulative 25 basis points by June is 4.1%, with a 94.4% chance of maintaining rates, and a 1.5% chance of a cumulative rate increase of 25 basis points. (Jin Shi)

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