The probability of the Federal Reserve keeping interest rates unchanged in March is 90%, and the probability of a rate cut is 10%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until March is 90%, while the probability of a 25 basis point rate cut is 10%. By April, the cumulative probability of a 25 basis point rate cut is 21.6%, the probability of keeping interest rates unchanged is 77%, and the cumulative probability of a 50 basis point rate cut is 1.5%. By June, the cumulative probability of a 25 basis point rate cut is 44.8%.