CME: The probability of the Federal Reserve cutting interest rates in February is low, but the cumulative probability of rate cuts in March has increased
Bitget2024/01/21 23:40
CME "Fed Watch" data shows that the probability of the Federal Reserve maintaining interest rates in the range of 5.25%-5.50% in February is 97.9%, and the probability of a rate cut by 25 basis points is 2.1%. The likelihood of keeping interest rates unchanged in March stands at 52.9%, while there's a cumulative chance of a rate cut by 25 basis points at 46.2%, and a cumulative chance for a reduction by 50 basis points at just about 1%.
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