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The probability of the Federal Reserve remaining inactive in March is 89.5%

The probability of the Federal Reserve remaining inactive in March is 89.5%

Bitget2024/02/16 01:03

According to CME's "Fed Watch": The probability of the Federal Reserve maintaining interest rates in the range of 5.25%-5.50% in March is 89.5%, and the probability of a rate cut by 25 basis points is 10.5%. By May, the likelihood of keeping interest rates unchanged is 63.3%, with a cumulative chance for a rate cut by 25 basis points at 33.7%, and a cumulative chance for a rate cut by 50 basis points at 3.1%.

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