The probability of the Federal Reserve keeping interest rates unchanged in March is 94.1%

According to Jinshi reports, before the data release, based on CME's "Fed Watch," the probability of the Federal Reserve keeping interest rates unchanged until March is 94.1%, and the probability of a 25 basis point rate cut is 5.9%. By April, the cumulative probability of a 25 basis point rate cut is 20.5%, the probability of keeping rates unchanged is 78.5%, and the cumulative probability of a 50 basis point rate cut is 1%. By June, the cumulative probability of a 25 basis point rate cut is 48.1%.