Svmuu News According to CME's "FedWatch Tool": The probability of the Federal Reserve raising interest rates by 25 basis points in April is 6.2%, and the probability of keeping rates unchanged is 93.8%. The probability of the Federal Reserve raising rates by a cumulative 25 basis points by June is 19.9%, the probability of a cumulative 50 basis point hike is 1.0%, and the probability of keeping rates unchanged is 79.2%.