After Powell's speech, the probability of the Fed cutting interest rates by 25 basis points in March fell to 4.5%

Odaily News After Federal Reserve Chairman Powell's speech, according to CME's "Fed Watch", the probability of the Federal Reserve cutting interest rates by 25 basis points in March has dropped to 4.5% (previously 6.5%), and the probability of maintaining unchanged has risen to 95.5% (previously 93.5%).