(Bloomberg) — Investors have lifted odds that the Federal Reserve is on the verge of raising interest rates, but lingering labor-market fragility and the risks to growth from surging oil prices make that a long shot, at least for now. On March 19, federal funds rate futures showed a 6% chance of an April hike, and have stayed in positive territory since. This marked the first time since December 2023 that investors saw a hike at the central bank’s next policy meeting as more likely than a cut. The shift ...