98% probability that the Fed will leave interest rates unchanged in March
According to the CME ‘Fed Watch’: the probability that the Fed will keep interest rates unchanged in March is 98.0%, and the probability of a 25 basis point cut is 2.0%. The probability of keeping the current rate unchanged in May is 79.9%, the probability of a cumulative 25 basis point cut is 19.8%, and the probability of a cumulative 50 basis point cut is 0.4%.
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