Before the Fed's Interest Rate Decision: The probability of keeping rates unchanged at this meeting is 98.9%

Odaily News According to CME's "FedWatch Tool": The probability of the Fed cutting rates by 25 basis points at this meeting is 0%, the probability of keeping rates unchanged is 98.9%, and the probability of raising rates by 25 basis points is 1.1%. The probability of a cumulative 25 basis point rate cut by April is 2.0%, the probability of keeping rates unchanged is 96.9%, and the probability of a 25 basis point rate hike is 1.0%. The probability of a cumulative 25 basis point rate cut by June is 16.3%, the probability of keeping rates unchanged is 82.5%, and the probability of a 25 basis point rate hike is 0.9%.