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CME data shows that the probability of the Fed cutting interest rates in March has dropped to 0.5%

CME data shows that the probability of the Fed cutting interest rates in March has dropped to 0.5%

2024/02/28 07:03

On February 28th, according to CME FedWatch: The probability of the Federal Reserve maintaining interest rates in the range of 5.25%-5.50% in March is 99.5%, and the probability of a rate cut of 25 basis points is 0.5%. The probability of keeping rates unchanged until May is 80.8%, with a cumulative rate cut of 25 basis points at 19.1%, and a cumulative rate cut of 50 basis points at 0.1%.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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