CME Predicts Low Probability of Fed Rate Cut in March

The CME's FedWatch tool indicates a 6.4% probability of a 25 basis point rate cut by the Federal Reserve in March, with a 93.6% chance of maintaining current rates. According to Jin10, the likelihood of a cumulative 25 basis point cut by April stands at 22.6%, while the probability of rates remaining unchanged is 76.2%. Additionally, there is a 1.2% chance of a cumulative 50 basis point cut by April. By June, the probability of a cumulative 25 basis point cut increases to 43.9%.