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

Odaily News According to CME "FedWatch": 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 the Fed by April is 2.0%, the probability of keeping rates unchanged is 96.9%, and the probability of raising rates by 25 basis points is 1.0%. By June, the probability of a cumulative 25 basis point rate cut is 16.3%, the probability of keeping rates unchanged is 82.5%, and the probability of raising rates by 25 basis points is 0.9%.