CME FedWatch: 90.7% Odds the Fed Holds Rates Steady in April

ChainCatcher cited CNBC as reporting that CME's FedWatch tool now prices in a 9.3% chance the Federal Reserve raises rates by 25 basis points at its April meeting, versus a 90.7% probability of no change. Looking ahead to June, markets assign a 17.1% chance of a cumulative 25-basis-point hike by then, while the probability of rates staying unchanged stands at 80.2%.