After the release of CPI data, the probability of interest rate cuts in March is less than 1% According to BlockBeats, on March 11th, the US Department of Labor announced tonight that the non quarterly adjusted CPI for February had an annual rate of 2.4%, with an expected 2.40%, up from the previous value of 2.40%, which is in line with market expectations and consistent with last month's data. According to CME's "Federal Reserve Watch" data, the probability of the Fed cutting interest rates by 25 basis points in March is only 0.7%, and the probability of keeping interest rates unchanged is 99.3%. The probability of the Federal Reserve keeping interest rates unchanged until April is 89.1%, the probability of a cumulative 25 basis point rate cut is 10.8%, and the probability of a cumulative 50 basis point rate cut is 0.1%. The next two FOMC meetings of the Federal Reserve will be held on March 18th and April 29th, respectively.