CME FedWatch Tool: 99.3% Probability of No Rate Change by June

According to Jin10, the CME FedWatch Tool indicates a 99.3% probability that the Federal Reserve will maintain its current interest rates by June. The likelihood of a cumulative 25 basis point rate hike stands at 0.7%. By July, the probability of rates remaining unchanged is 94%, while the chance of a 25 basis point increase is 5.9%.