Will the Fed increase interest rates by 25 bps after the June 2026 meeting?

The market is currently pricing in a 4.0% probability of the Fed increasing interest rates by 25 bps after the June 2026 meeting. Given the current date of April 1, 2026, and the market's end date of June 17, 2026, the consensus among economists and financial institutions, as reflected in recent news (e.g., Goldman Sachs forecasting cuts in December 2025, Yahoo Finance discussing cuts in 2026, and Bondsavvy seeing low-3% Fed Funds by 2027), strongly suggests a period of rate cuts or stability, n