CME Predicts Minimal Changes in Federal Reserve Interest Rates

The CME 'FedWatch' tool indicates a 1.6% probability of a 25 basis point rate hike by the Federal Reserve in April, with a 98.4% chance of maintaining current rates. According to ChainCatcher, projections for June show a 1.6% probability of a cumulative 25 basis point rate cut, a 96.9% chance of unchanged rates, and a 1.5% probability of a cumulative 25 basis point rate hike.