CME FedWatch Tool: Low Probability of Fed Rate Cut in March

The CME FedWatch Tool indicates a 7.8% probability of a 25 basis point rate cut by the Federal Reserve in March. According to Jin10, there is a 92.2% likelihood that the Fed will maintain current interest rates. By April, the probability of a cumulative 25 basis point rate cut rises to 25.3%, with a 73.1% chance of rates remaining unchanged and a 1.6% probability of a 50 basis point cut. By June, the likelihood of a cumulative 25 basis point rate cut increases to 49.9%.