The probability of the Federal Reserve keeping interest rates unchanged in March is 98%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until March is 98%, and the probability of a 25 basis point rate cut is 2%. By April, the cumulative probability of a 25 basis point rate cut is 15.9%, the probability of keeping interest rates unchanged is 83.8%, and the cumulative probability of a 50 basis point rate cut is 0.3%. By June, the cumulative probability of a 25 basis point rate cut is 42.7%.