The probability of the Fed keeping interest rates unchanged in March is 96%

Odaily News: According to CME's "FedWatch Tool": The probability of the Fed cutting interest rates by 25 basis points by March is 4%, while the probability of keeping rates unchanged is 96.0%. The probability of a cumulative 25 basis point rate cut by April is 17.3%, the probability of keeping rates unchanged is 82.1%, and the probability of a cumulative 50 basis point rate cut is 0.6%. The probability of a cumulative 25 basis point rate cut by June is 43%.