The Federal Reserve is anticipated to keep interest rates unchanged in April, with a 97.9% probability according to CME's "FedWatch" tool. The tool indicates only a 2.1% chance of a 25-basis-point rate increase. Looking ahead to June, the likelihood of a cumulative 25-basis-point hike stands at 8.8%, while a 50-basis-point increase is nearly negligible at 0.1%. The probability of maintaining the current rate through June is 91.1%.
Federal Reserve Expected to Maintain Interest Rates in April
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