The Federal Reserve is anticipated to keep interest rates unchanged in April, with a 98.4% probability according to CME's "FedWatch" tool. The likelihood of a 25-basis-point rate hike stands at just 1.6%. Looking ahead to June, the probability of maintaining the current rate is 98.2%, while the chance of a 25-basis-point increase is 1.8%. Notably, the probability of a rate cut by June has fallen to 0%.
Fed Expected to Maintain Interest Rates in April with 98.4% Probability
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