Fed More Likely To Stay Pat

CME FedWatch data signals a rising probability that the Federal Reserve will hold interest rates steady through April. Market expectations for a pause jumped following Treasury Secretary Janet Yellen's latest economic assessment.

CME FedWatch indicates staying put next meeting, rises by nearly 5 percentage points; staying at current rate rises at the 29 April meeting by nearly 10 percentage points.

Yellen’s assessment (Bloomberg).

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