The probability of the Federal Reserve implementing a 25-basis-point rate cut in March is currently at 7.4%, according to CME's "FedWatch" tool. The likelihood of maintaining the current rates is significantly higher at 92.6%. Looking ahead to April, the probability of a cumulative 50-basis-point cut is 1.4%, while a 25-basis-point cut stands at 23.3%. The chance of rates remaining unchanged by April is 75.4%.