After the release of PPI data, the probability of the Fed cutting interest rates in March is only 1%.

Odaily News The U.S. PPI in February recorded the smallest increase since July 2024. According to CME's "Fed Watch" data, after the release of the PPIT data, the probability of the Federal Reserve keeping interest rates unchanged in March is 99.0%, and the probability of a 25 basis point rate cut is only 1.0%. There are currently about 6 days until the next FOMC meeting.