On April 9, according to CME's 'FedWatch': The probability of the Federal Reserve raising interest rates by 25 basis points in April is 1.6%, while the probability of keeping rates unchanged is 98.4%. The probability of the Fed cumulatively lowering rates by 25 basis points by June is 1.7%, with a 96.8% chance of maintaining rates unchanged, and a 1.5% chance of a cumulative increase of 25 basis points.
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Probability of Fed Keeping Rates Unchanged in April at 98.4%
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