After the US Initial Jobless Claims data release, the probability of a 25 basis points rate hike by the Fed in April is 6.2%.

BlockBeats News, March 26th: In the United States, for the week ending March 21st, initial jobless claims were 210,000, in line with expectations of 210,000, and up from the previous value of 205,000.

According to CME's "FedWatch" data, following today's release of the U.S. initial jobless claims data, the probability of a 25 basis point rate hike by the Fed in April is now at 6.2%, while the probability of no rate change is at 93.8%.