CME FedWatch Tool Predicts High Probability of Rate Hold Through June

The CME FedWatch Tool indicates a 98.6% probability that the U.S. Federal Reserve will maintain current interest rates through June. According to ChainCatcher, there is a 1.4% chance of a cumulative 25 basis point rate cut by then. By July, the probability of rates remaining unchanged drops slightly to 92.4%, with a 6.3% chance of a 25 basis point rate hike and a 1.3% chance of a 25 basis point rate cut.