CME Fed Watch: April Rate Hold Probability Reaches 99%, June Scenario Odds Released

Gate News message, April 23 — According to CME Fed Watch data, the probability of the Federal Reserve keeping rates unchanged in April stands at 99%, with only a 1% chance of a 25 basis point rate hike.

Looking ahead to June, the odds show a 96.4% probability of maintaining current rates, 2.6% probability of a cumulative 25 basis point rate cut, and 1% probability of a cumulative 25 basis point rate hike.