Data: 8 days remaining until the Federal Reserve's interest rate decision, the probability of a 25 basis point rate cut in March is 4%
ChainCatcher news, according to CME's "FedWatch" data, there are 8 days left until the next FOMC meeting (interest rate decision to be announced on March 20 at 2 AM Beijing time). The probability of the Fed cutting rates by 25 basis points in March is 4%, while the probability of maintaining the current rate is 96%.
The probability of the Fed cumulatively cutting rates by 50 basis points by May is 1.5%, the probability of a cumulative cut of 25 basis points is 38.3%, and the probability of maintaining the current rate is 60.2%.
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