🔥After the release of U.S. CPI data, the probability of the Federal Reserve holding interest rates steady in April reaches 98.4%


On April 10th, the U.S. March seasonally adjusted CPI year-over-year increase was 3.3%, the highest since May 2024, in line with market expectations, up from 2.40% previously. According to CME "FedWatch" data, after the U.S. CPI data was announced today, the probability of the Fed raising interest rates by 25 basis points in April is now 1.6%, while the probability of holding rates steady is 98.4%.
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