CME Predicts Fed Rate Decisions for Upcoming Months

The CME's FedWatch tool has provided insights into potential interest rate changes by the Federal Reserve. According to Jin10, there is a 7.9% probability that the Fed will cut rates by 25 basis points in March, while the likelihood of maintaining current rates stands at 92.1%. Looking ahead to April, the probability of a cumulative 25 basis point rate cut increases to 23.6%, with a 75.0% chance of rates remaining unchanged and a 1.5% chance of a 50 basis point cut. By June, the probability of a cumulative 25 basis point rate cut rises to 50.0%.