The probability of the Federal Reserve keeping interest rates unchanged in March is 99.4%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until March is 99.4%, while the probability of a 25 basis point rate cut is 0.6%. By April, the cumulative probability of a 25 basis point rate cut is 11.9%, the probability of keeping rates unchanged is 88.1%, and the cumulative probability of a 50 basis point rate cut is 0.1%. By June, the cumulative probability of a 25 basis point rate cut is 33.8%.