The midpoint of the RMB to USD exchange rate is 6.9194, up by 29 basis points.

2026-04-04 16:56:48

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On March 31, the RMB to USD midpoint rate was set at 6.9194, up by 29 points.

The probability that the U.S. Federal Reserve will keep interest rates unchanged in April is 97.4%

According to CME’s “FedWatch”: the probability of a 25-basis-point rate hike by the Federal Reserve in April is 2.6%, and the probability of keeping rates unchanged is 97.4%. The probability that the Federal Reserve will cut rates by a cumulative 25 basis points by June is 5%, and the probability of keeping rates unchanged is 92.5%; the probability of a cumulative 25-basis-point rate hike is 2.5%.

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Byline: Guo Jian

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