CME Fed Watch: The probability of the Fed keeping interest rates unchanged in March is 97%

Odaily reported that according to CMEs Fed Watch: the probability that the Federal Reserve will keep interest rates unchanged in the range of 5.25%-5.50% in March is 97%, and the probability of cutting interest rates by 25 basis points is 3%. The probability of keeping interest rates unchanged by May is 80.2%, the probability of a cumulative 25 basis point interest rate cut is 19.3%, and the probability of a cumulative 50 basis point interest rate cut is 0.5%.