The probability of the Fed keeping the interest rates unchanged in April is 87.6%, with a probability of a rate hike at 12.4%.

BlockBeats News, March 23, according to CME’s “FedWatch”: The probability of a 25 basis point rate hike by the Fed in April is 12.4%, and the probability of keeping the rate unchanged is 87.6%.

The probability of a cumulative 25 basis point rate hike by the Fed by June is 21.9%, the probability of a cumulative 50 basis point rate hike is 1.6%, and the probability of keeping the rate unchanged is 76.5%. (Oriental Wealth)