Fed Rate Decision: Low Probability of Rate Cut in March

The probability of the Federal Reserve cutting interest rates by 25 basis points in March stands at 2.7%, according to CME's FedWatch tool. According to Jin10, there is a 97.3% chance that the rates will remain unchanged. Looking ahead to April, the likelihood of a cumulative 25 basis point rate cut increases to 12.5%, while the probability of maintaining the current rate is 87.3%. The chance of a cumulative 50 basis point cut is minimal at 0.3%. By June, the probability of a 25 basis point cut rises to 30.7%.