Before the Non-Farm Payrolls release, the probability that the Federal Reserve will keep interest rates unchanged in April is 99.5%.

Gelonghui April 3 | According to CME “FedWatch”: the probability that the Federal Reserve will raise rates by 25 basis points in April is 0.5%, and the probability of keeping rates unchanged is 99.5%. The probability that the Federal Reserve will cut rates by 25 basis points cumulatively by June is 7.8%, the probability of keeping rates unchanged is 91.7%, and the probability of cumulatively raising rates by 25 basis points is 0.5%.

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