Polymarket predicts a 94% probability of the Federal Reserve keeping interest rates unchanged in March

According to the prediction market platform Polymarket, as of March 18th, the probability of the Federal Reserve's March meeting "keeping interest rates unchanged" is 94%, "cutting interest rates by 25 basis points" is about 5%, "cutting interest rates by 50 basis points or more" is less than 1%, and "raising interest rates by 25 basis points or more" is also about 1%. The cumulative trading volume of this contract is approximately $144 million.