CME Data: Probability of Fed Cutting Rates by 25 Basis Points by June is 48.3%

Odaily reported that according to CME's "FedWatch Tool", the probability of the Fed cutting rates by 25 basis points by March is 15.3%, while the probability of keeping rates unchanged is 84.7%. The probability of a cumulative 25 basis point rate cut by April is 29.7%, the probability of keeping rates unchanged is 67.2%, and the probability of a cumulative 50 basis point cut is 3.2%. By June, the probability of a cumulative 25 basis point cut is 48.3%, the probability of keeping rates unchanged is 33.7%, the probability of a cumulative 50 basis point cut is 16.4%, and the probability of a cumulative 75 basis point cut is 1.6%. (Jin10)