The probability of the Federal Reserve keeping interest rates unchanged in April is 87.6% and the probability of raising interest rates is 12.4%

On March 23, according to CME's "Federal Reserve Observation": The probability of the Federal Reserve raising interest rates by 25 basis points in April is 12.4%, and the probability of keeping interest rates unchanged is 87.6%. The probability of the Federal Reserve raising interest rates by a cumulative 25 basis points by June is 21.9%, the probability of a cumulative 50 basis points interest rates is 1.6%, and the probability of keeping interest rates unchanged is 76.5%. (Jin Shi)