The probability of the Federal Reserve cutting interest rates by 25 basis points in March is 7.4%

On March 1st, according to CME's "Federal Reserve Watch", the probability of the Fed cutting interest rates by 25 basis points in March is 7.4%, and the probability of remaining unchanged is 92.6%. The probability of the Federal Reserve reducing interest rates by 50 basis points cumulatively until April is 1.4%, the probability of reducing interest rates by 25 basis points cumulatively is 23.3%, and the probability of remaining unchanged is 75.4%.