The CME "FedWatch" tool reveals a 48.3% probability that the Federal Reserve will implement a 25-basis-point interest rate cut by June. As of January 30, the tool also shows a 15.3% chance of a rate cut by March, with an 84.7% likelihood of rates remaining unchanged. By April, the probability of a 25-basis-point cut increases to 29.7%, while the chance of maintaining current rates is 67.2%. Additionally, there is a 16.4% probability of a cumulative 50-basis-point rate cut by June.