[Market Pricing Indicates Higher Likelihood of Fed Rate Hike Than Cut This Year] Jin10 News, April 30 – According to a Wall Street Journal report, after some hawkish signals from Federal Reserve officials, Wall Street traders are betting on the possibility of a rate hike by the Fed this year, although the likelihood remains low. CME interest rate futures data shows that traders believe the probability of a Fed rate hike this year is 11%, up from 5% earlier in the day and 0% on Tuesday, while the probability of a rate cut hovers around 2%.