The Federal Reserve is expected to keep interest rates unchanged in April, with a 90.7% probability according to CME's "FedWatch" tool, as reported by CNBC. The tool also indicates a 9.3% chance of a 25 basis point rate hike in the same month. Looking ahead to June, there is a 17.1% probability of a cumulative 25-basis-point increase, while the likelihood of rates remaining steady stands at 80.2%.
Federal Reserve Likely to Maintain Interest Rates in April
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