CME FedWatch Tool Predicts High Probability of Steady Rates Until June

The CME FedWatch Tool indicates a 99.9% probability that the U.S. Federal Reserve will maintain current interest rates until June. According to ChainCatcher, there is a 0.1% chance of a cumulative 25 basis point rate cut by then. Looking ahead to July, the tool suggests a 90.3% probability of rates remaining unchanged, a 9.6% chance of a 25 basis point rate hike, and a 0.1% probability of a 25 basis point rate cut.