The Federal Reserve is anticipated to keep interest rates steady in April, with CME's "FedWatch" tool indicating a 99.5% probability of no change. The likelihood of a 25-basis-point rate increase is minimal at 0.5%. Looking ahead to June, the tool suggests a 95% probability of maintaining current rates, a 4.5% chance of a 25-basis-point rate cut, and a 0.5% chance of a rate hike.
Federal Reserve Expected to Maintain Interest Rates in April
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