The probability of the Fed keeping interest rates unchanged in March is 98%

Odaily News According to CME's "FedWatch Tool": The probability of the Fed cutting rates by 25 basis points by March is 2%, while the probability of keeping rates unchanged is 98.0%. The probability of a cumulative 25 basis point rate cut by April is 15.9%, the probability of keeping rates unchanged is 83.8%, and the probability of a cumulative 50 basis point rate cut is 0.3%. The probability of a cumulative 25 basis point rate cut by June is 39.5%.