The Federal Reserve is expected 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 is minimal at 1.6%. Looking ahead to June, the probability of maintaining the current rate is 98%, while the chance of a 25 basis point increase stands at 2%. There is no expectation of a rate cut by June.
Federal Reserve Likely to Maintain Interest Rates in April
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