Fed Interest Rate Projections Show Low Probability of March Rate Cut

The latest data from CME's FedWatch Tool indicates a minimal likelihood of a rate cut by the Federal Reserve in March. According to Jin10, the probability of a 25 basis point rate cut stands at 2.5%, while the chance of maintaining the current rate is 97.5%. Looking ahead to April, the probability of a cumulative 25 basis point rate cut increases to 16.3%, with an 83.4% chance of rates remaining unchanged and a 0.4% probability of a cumulative 50 basis point cut. By June, the likelihood of a cumulative 25 basis point rate cut rises to 40.3%.