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%

CME's "Fed Observation" shows that the probability of the Fed raising interest rates by 25 basis points in April is 12.4%, and the probability of keeping interest rates unchanged is 87.6%. By June, the probability of raising interest rates by 25 basis points is 21.9%, the probability of raising interest rates by 50 basis points is 1.6%, and the probability of keeping interest rates unchanged is 76.5%.