The probability of a 25 basis point rate hike by the Federal Reserve in April has decreased to 4.1%.

BlockBeats News, March 29th, according to CME’s “FedWatch” data, the probability of a 25 basis point rate hike by the Fed in April has dropped to 4.1% (it briefly rose to 12.4% on March 23), with the probability of rates staying unchanged at 95.9%.