The probability that the Federal Reserve will keep interest rates unchanged in April is 98.4%.

Golden Finance reports that on April 8, according to CME’s “FedWatch,” the probability of the Federal Reserve raising rates by 25 basis points in April is 1.6%, and the probability of keeping interest rates unchanged is 98.4%. The probability that the Federal Reserve will cut rates by a total of 25 basis points cumulatively by June is 0%, the probability of keeping interest rates unchanged is 97.9%, and the probability of raising rates cumulatively by 25 basis points is 2.1%.

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