Svmuu News According to CME "FedWatch": The probability of the Fed raising interest rates by 25 basis points in April is 1.6%, and the probability of keeping interest rates unchanged is 98.4%. The probability of the Fed cumulatively cutting interest rates by 25 basis points by June is 0%, the probability of keeping interest rates unchanged is 98%, and the probability of cumulatively raising interest rates by 25 basis points is 2%.