The Federal Reserve is expected to keep interest rates unchanged in April, with a 98.4% probability, according to CME's "FedWatch" tool. The likelihood of a 25 basis point rate hike is minimal at 1.6%. Looking ahead to June, the probability of maintaining the current rate is 96.8%, while the chances of a 25 basis point rate cut and hike are 1.5% and 1.7%, respectively.