99% Probability of Fed Keeping Rates Unchanged in April

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On April 24, according to CME’s ‘FedWatch’: The probability of the Federal Reserve raising rates by 25 basis points in April is 1%, while the probability of keeping rates unchanged is 99%. The probability of a cumulative rate cut of 25 basis points by June is 2.6%, the probability of maintaining rates unchanged is 96.4%, and the probability of a cumulative rate hike of 25 basis points is 1%.

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