Federal Reserve's March Rate Decision Probabilities Revealed

According to Odaily, the CME's "FedWatch" tool indicates an 83.5% probability that the Federal Reserve will maintain its current interest rates in March, unchanged from previous estimates. There is a 16.5% chance of a 25 basis point rate cut. Looking ahead to May, there is a 60.2% probability that rates will remain unchanged, a 35.2% chance of a cumulative 25 basis point cut, and a 4.6% probability of a cumulative 50 basis point cut.