BlockBeats News, April 3rd, according to CME's "FedWatch": The probability of the Fed keeping interest rates unchanged in May is 91.1%, and the probability of a 25 basis point rate cut is 8.9%.
The probability of the Fed keeping interest rates unchanged through June is 30.5%, the cumulative probability of a 25 basis point rate cut is 63.6%, and the cumulative probability of a 50 basis point rate cut is 5.9%.
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