Gate News message, April 16 — According to CME’s Fed Watch tool, the probability of the Federal Reserve maintaining rates unchanged in April stands at 99.5%, with only a 0.5% chance of a 25 basis point rate hike.
Looking ahead to June, the CME data indicates a 98% probability that the Fed will hold rates steady, a 1.4% chance of a cumulative 25 basis point rate cut, and a 0.5% probability of a cumulative 25 basis point rate hike.
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