CME FedWatch Shows 97% Odds Fed Holds Rates Steady Through April

CME FedWatch data show a 97% probability the Federal Reserve will hold interest rates unchanged through April, with a 2% chance of a 25-basis-point cut and a 1% chance of a 25-basis-point hike. The tool shows an 84.4% probability rates remain steady through June, alongside a 14.4% chance of a cumulative 25-basis-point cut and a 1.2% chance of a cumulative 25-basis-point increase. The Fed's next two FOMC meetings are scheduled for April 29 and June 17.