The probability of the Federal Reserve keeping interest rates unchanged in April is as high as 93.8%

CME's "Fed Observation" shows that the probability of the Fed raising interest rates by 25 basis points in April is 6.2%, and the probability of keeping interest rates unchanged is 93.8%. By June, the probability of a cumulative interest rate increase of 25 basis points is 19.9%, the probability of a cumulative interest rate increase of 50 basis points is 1%, and the probability of keeping interest rates unchanged is 79.2%.