The CME's FedWatch tool indicates a 2.6% probability of a 25 basis point rate hike by the Federal Reserve in April, with a 97.4% chance of maintaining the current rate. According to ChainCatcher, projections for June show a 6.6% likelihood of a cumulative 25 basis point rate cut, a 91% probability of unchanged rates, and a 2.4% chance of a cumulative 25 basis point rate increase.
