CME FedWatch: Markets see 92.8% chance the Fed keeps rates unchanged in April

ChainCatcher reports that, citing CNBC, CME's FedWatch tool indicates markets are pricing in a 7.2% chance of a 25-basis-point Fed rate hike in April, versus a 92.8% probability of no change. For the June meeting, FedWatch shows a 9.1% chance of cumulative tightening totaling 25 basis points, a 0.2% chance of a cumulative 50-basis-point increase, and a 90.7% probability that rates remain unchanged.