The probability of the Federal Reserve maintaining the interest rate unchanged in March is 84.5%

According to CME "Fed Watch": The probability of the Federal Reserve maintaining interest rates in March is 84.5%, and the probability of a rate cut by 25 basis points is 15.5%. By May, the likelihood of maintaining current interest rates is 61.6%, the cumulative probability of a rate cut by 25 basis points is 34.2%, and the cumulative chance for a rate cut by 50 basis points stands at 4.2%.