The probability of the Fed cutting interest rates in March is 18.5%
According to CME's "FedWatch": The probability of the Fed maintaining interest rates unchanged in the range of 5.25%-5.50% in March is 81.5%, and the probability of a 25 basis point rate cut is 18.5%. The probability of keeping interest rates unchanged in May is 35.9%, with a cumulative probability of a 25 basis point rate cut at 53.8% and a cumulative probability of a 50 basis point rate cut at 10.4%.
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