[CME FedWatch: Probability of Fed Rate Hike This Year Falls to 48%] BlockBeats News, May 31, according to CME 'FedWatch' data, the probability of the Federal Reserve maintaining rates unchanged until December is 51.8%, while the probability of a cumulative 25 basis point rate cut is only 0.2%. The probability of a rate hike by the Fed this year has fallen to 48%, with a 37.9% probability of a cumulative 25 basis point hike, a 9.2% probability of a cumulative 50 basis point hike, and a 0.9% probability of a cumulative 75 basis point hike. [Original Link]