The probability of the Federal Reserve cutting interest rates by 25 basis points in March is 1.9%

According to CME's "Federal Reserve Watch", the probability of the Fed cutting interest rates by 25 basis points in March is 1.9%, and the probability of remaining unchanged is 98.1%. The probability of the Federal Reserve reducing interest rates by 50 basis points cumulatively until April is 0.1%, the probability of reducing interest rates by 25 basis points cumulatively is 5.8%, and the probability of remaining unchanged is 94.1%.