According to CME's "FedWatch": the probability of the Federal Reserve raising interest rates by 25 basis points in April is 0.5%, and the probability of keeping rates unchanged is 99.5%, both unchanged from before the announcement. The probability of the Fed cutting rates by a cumulative 25 basis points by June is 2.0% (7.8% before the announcement), the probability of keeping rates unchanged is 97.5% (91.7% before the announcement), and the probability of a cumulative 25 basis point rate hike is 0.5% (unchanged from before the announcement).