Federal Reserve Likely to Maintain Interest Rates Until March, CME Data Shows

The CME's "FedWatch" tool indicates a 99.4% probability that the Federal Reserve will keep interest rates unchanged until March. According to ChainCatcher, there is a 0.6% chance of a 25 basis point rate cut by then. By April, the likelihood of maintaining the current rates drops to 86.1%, with a 13.9% chance of a cumulative 25 basis point cut and a 0.1% chance of a 50 basis point cut. By June, the probability of a cumulative 25 basis point cut increases to 37.5%.