Fed Rate Decision: Low Probability of Rate Cut in March

The latest data from CME's 'FedWatch' indicates a minimal likelihood of the Federal Reserve cutting interest rates by 25 basis points in March, with a probability of just 2.7%. According to Jin10, the probability of maintaining the current rate stands at 97.3%. Looking ahead to April, the chances of a cumulative 25 basis point rate cut rise to 11.5%, while the probability of keeping rates unchanged is 88.3%. The likelihood of a cumulative 50 basis point cut remains extremely low at 0.3%. By June, the probability of a cumulative 25 basis point rate cut increases to 33.3%.