CME Reports 100% Probability of Fed Holding Rates Steady in April

On April 28, Jin10 reported that according to CME's 'FedWatch', there is a 100% probability that the U.S. Federal Reserve will maintain its interest rates unchanged in April. Furthermore, the probability of the Fed cumulatively cutting rates by 25 basis points by June stands at 4.5%, while the likelihood of keeping rates steady is at 95.5%.