TechFlow News, April 3: According to the CME’s “FedWatch” tool, the probability of the Federal Reserve raising interest rates by 25 basis points in April is 0.5%, while the probability of holding rates steady remains at 99.5%—unchanged from before the announcement. By June, the probability of a cumulative 25-basis-point rate cut has fallen to 2.0% (down from 7.8% prior to the announcement), the probability of holding rates steady stands at 97.5% (up from 91.7% before the announcement), and the probability of a cumulative 25-basis-point rate hike remains unchanged at 0.5%. (Jinshi)
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