🚀 CME Reports Low Probability of Fed Rate Change in April
#CME #FedRate #FedWatch #RateHike #FederalReserve #InterestRates #RateChange #AprilRate #JuneRate
According to Jin10, CME's FedWatch tool indicates a 1.6% probability of a 25 basis point rate hike by the Federal Reserve in April, while the likelihood of maintaining the current rate stands at 98.4%. Looking ahead to June, the probability of a cumulative 25 basis point rate cut has dropped to 0%, with a 98.2% chance of rates remaining unchanged and a 1.8% probability of a cumulative 25 basis point rate hike.#CME #FedRate #FedWatch #RateHike #FederalReserve #InterestRates #RateChange #AprilRate #JuneRate