Federal Reserve Likely to Maintain Interest Rates This Week

The CME's "FedWatch" tool indicates a 98.9% probability that the Federal Reserve will keep interest rates unchanged this week. According to ChainCatcher, there is a 0% chance of a 25 basis point rate cut and a 1.1% chance of a 25 basis point rate hike. By April, the probability of a cumulative 25 basis point rate cut is 3.1%, with a 95.9% chance of maintaining current rates and a 1.1% chance of a 25 basis point increase. By June, the likelihood of a cumulative 25 basis point rate cut rises to 78.1%.