The probability of the Federal Reserve keeping interest rates unchanged in March is 97.5%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve cutting rates by 25 basis points by March is 2.5%, while the probability of keeping rates unchanged is 97.5%. By April, the cumulative probability of a 25 basis point cut is 16.3%, the probability of keeping rates unchanged is 83.4%, and the cumulative probability of a 50 basis point cut is 0.4%. By June, the cumulative probability of a 25 basis point cut is 40.3%.