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[CME FedWatch: Probability of Fed Rate Hike This Year Falls to 59.4%] BlockBeats News, June 13, according to CME 'FedWatch' data, the probability of the Federal Reserve keeping rates unchanged through December is 39.6%, while the probability of a cumulative 25 basis point rate cut is only 1%. The probability of a rate hike by the Fed this year has fallen to 59.4%, with a 42.3% probability of a cumulative 25 basis point hike, a 14.9% probability of a cumulative 50 basis point hike, a 2.1% probability of a cumulative 75 basis point hike, and a 0.1% probability of a cumulative 100 basis point hike. [Original Link]