CME FedWatch: Market Fully Prices In Fed Holding Rates Steady in April

ChainCatcher, citing CNBC, reported that CME's FedWatch tool shows markets assigning a 0% chance to a 25-basis-point rate hike at the Federal Reserve's April meeting and a 100% probability that rates remain unchanged. By June, the odds of a cumulative 25-basis-point rate cut stand at 2.5%, while the probability of policy staying at current levels is 97.5%.