Federal Reserve Likely To Maintain Interest Rates In March

According to Odaily, the CME's 'FedWatch' tool indicates a 95.5% probability that the Federal Reserve will keep interest rates unchanged in March. There is a 4.5% chance of a 25 basis point rate cut. Looking ahead to May, the likelihood of maintaining the current rate is 73.2%, while the probability of a cumulative 25 basis point cut is 25.8%, and a 50 basis point cut stands at 1.1%.