The probability of the Federal Reserve keeping interest rates unchanged in April is as high as 94.8%

CME's "Fed Observation" shows that the probability of the Fed raising interest rates by 25 basis points in April is 5.2%, and the probability of keeping interest rates unchanged is as high as 94.8%. In addition, the probability of the Federal Reserve raising interest rates by a cumulative 25 basis points by June is 11.7%, the probability of a cumulative 50 basis points interest rates is 0.4%, and the probability of keeping interest rates unchanged is 87.9%.