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🚀 CME Reports Low Probability of Fed Rate Change in April According to Jin10, CME's FedWatch tool indicates a 1.6% probability of a 25 basis point rate hike by the Federal Reserve in April, while the likelihood of maintaining the current rate stands at 98.4%. Looking ahead to June, the probability of a cumulative 25 basis point rate cut has dropped to 0%, with a 98.2% chance of rates remaining unchanged and a 1.8% probability of a cumulative 25 basis point rate hike. #CME#FedRate#FedWatch#RateHike#FederalReserve#InterestRates#RateChange#AprilRate#JuneRate