The probability of the Federal Reserve maintaining interest rates unchanged in March is 94%

According to CME "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in March is 94%, and the probability of a rate cut by 25 basis points is 6%. By May, the likelihood of maintaining current interest rates remains at 67.8%, with a cumulative chance of a rate cut by 25 basis points at 30.5% and a cumulative chance for a rate cut by 50 basis points at 1.7%. (Jin Shi)