[CME Data: 99.4% Probability of Fed Keeping Rates Unchanged in March] On March 12, CME 'FedWatch' data showed a 99.4% probability that the Federal Reserve will keep rates unchanged in March, and a 0.6% probability of a 25-basis-point rate cut. By April, the probability of a cumulative 25-basis-point rate cut is 11.9%, the probability of keeping rates unchanged is 88.1%, and the probability of a cumulative 50-basis-point rate cut is 0.1%. By June, the probability of a cumulative 25-basis-point rate cut is 33.8%.