The probability that the Fed will keep interest rates unchanged in April is 93.8%

On March 27, according to CME's "Federal Reserve Observation": The probability of the Federal Reserve raising interest rates by 25 basis points in April is 6.2%, and the probability of keeping interest rates unchanged is 93.8%. The probability of the Federal Reserve raising interest rates by a cumulative 25 basis points by June is 19.9%, the probability of a cumulative 50 basis points interest rates is 1.0%, and the probability of keeping interest rates unchanged is 79.2%.