CME FedWatch Tool Indicates No Rate Hike in April

The CME FedWatch Tool suggests a 0% probability of the Federal Reserve raising interest rates by 25 basis points in April. According to ChainCatcher, the likelihood of maintaining the current rates stands at 100%. Additionally, there is a 1.7% chance of a cumulative 25 basis point rate cut by June, with a 98.3% probability of rates remaining unchanged.