Odaily News According to CME's "Fed Watch": the probability of the Fed keeping interest rates unchanged in June is 99.8%, and the probability of raising interest rates by 25 basis points is 0.2%. The probability of the Fed keeping interest rates unchanged by August is 82.3%, the probability of cumulatively cutting interest rates by 25 basis points is 17.5%, and the probability of raising interest rates by 25 basis points is 0.1%.