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According to CME's "FedWatch" tool, the probability of the Fed cutting interest rates by 25 basis points this week is 0%, the probability of keeping rates unchanged is 98.9%, and the probability of raising rates by 25 basis points is 1.1%. The probability of the Fed cutting rates by a total of 25 basis points by April is 3.1%, the probability of keeping rates unchanged is 95.9%, and the probability of raising rates by 25 basis points is 1.1%. The probability of the Fed cutting rates by a total of 25 basis points by June is 78.1%.
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