CME Reports Fed's April Rate Hike Probability at 0%

According to Jin10, the CME's FedWatch tool indicates a 0% probability of the Federal Reserve raising interest rates by 25 basis points in April. The likelihood of maintaining the current rate is 100%. Looking ahead to June, there is a 2.5% chance of a cumulative 25 basis point rate cut, while the probability of rates remaining unchanged is 97.5%.