The probability of the Federal Reserve keeping interest rates unchanged this week is 99.2%

According to Jinshi News, CME's "Fed Watch" shows that the probability of the Federal Reserve maintaining interest rates this week is 99.2%, and the probability of a 25 basis point rate cut is 0.8%. By April, the cumulative probability of a 25 basis point rate cut is 6.9%, the probability of maintaining interest rates is 93%, and the cumulative probability of a 50 basis point rate cut is 0%. By June, the cumulative probability of a 25 basis point rate cut is 24.7%.