According to CME's "Fed Watch": The probability of the Federal Reserve maintaining interest rates in the range of 5.25%-5.50% in March is 89.5%, and the probability of a rate cut by 25 basis points is 10.5%. By May, the likelihood of keeping interest rates unchanged is 63.3%, with a cumulative chance for a rate cut by 25 basis points at 33.7%, and a cumulative chance for a rate cut by 50 basis points at 3.1%.