Probability of Fed Maintaining Interest Rates Unchanged in June Rises to 97.5% After Non-Farm Payrolls Report
Svmuu According to CME "FedWatch": The probability of the Fed raising interest rates by 25 basis points in April is 0.5%, and the probability of keeping rates unchanged is 99.5%, both unchanged from before the report. The probability of the Fed cumulatively cutting rates by 25 basis points by June is 2.0% (7.8% before the report), the probability of keeping rates unchanged is 97.5% (91.7% before the report), and the probability of cumulatively raising rates by 25 basis points is 0.5% (same as before the report).
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