The CME's FedWatch Tool indicates a 9.9% probability of a 25 basis point rate cut by the Federal Reserve in March, with a 90.1% likelihood of maintaining the current rate. According to Jin10, by April, the probability of a cumulative 25 basis point rate cut rises to 23.2%, while the chance of keeping rates unchanged is 75.1%, and a 50 basis point cut stands at 1.6%. By June, the likelihood of a cumulative 25 basis point rate cut increases to 46.0%.