Federal Reserve's March Rate Decision Anticipated with Minimal Change Likelihood

The Federal Reserve is set to announce its rate decision next Thursday at 02:00 UTC+8. According to BlockBeats, the CME's "FedWatch" tool indicates a mere 1.9% probability of a 25 basis point rate cut in March, with a 98.1% chance of rates remaining unchanged. Looking ahead to April, the likelihood of a cumulative 50 basis point rate cut stands at 0.1%, while the probability of a cumulative 25 basis point reduction is 5.8%. The chance of maintaining the current rate is 94.1%.