CME Predicts Fed Rate Decisions for March and April

CME data on February 6 indicates varying probabilities for the Federal Reserve's interest rate decisions in the coming months. According to Jin10, there is a 22.7% chance of a 25 basis point rate cut by March, while the probability of maintaining the current rate stands at 77.3%. By April, the likelihood of a cumulative 25 basis point cut increases to 36.2%, with a 58.1% chance of rates remaining unchanged and a 5.6% chance of a cumulative 50 basis point cut. By June, the probability of a cumulative 25 basis point cut rises to 50.2%.