Fed Rate Decision: Market Anticipates No Change in March

The latest data from CME's FedWatch tool indicates a 4.5% probability of a 25 basis point rate cut by the Federal Reserve in March, with a 95.5% likelihood of maintaining the current rate. According to Jin10, the probability of a cumulative 25 basis point rate cut by April stands at 17.7%, while the chance of rates remaining unchanged is 81.7%. Additionally, there is a 0.7% probability of a cumulative 50 basis point cut by April. Looking ahead to June, the probability of a cumulative 25 basis point rate cut increases to 41.5%.