Svmuu News According to CME "FedWatch": The probability of the Fed raising interest rates by 25 basis points in April is 1.6%, while the probability of keeping rates unchanged is 98.4%. The probability of the Fed cumulatively cutting rates by 25 basis points by June is 1.5%, the probability of keeping rates unchanged is 96.8%, and the probability of cumulatively raising rates by 25 basis points is 1.7%.