The probability of the Federal Reserve keeping interest rates unchanged in March is 95.9%

According to CME's "Federal Reserve Watch" data, as of February 23, the probability of the Federal Reserve keeping interest rates unchanged in March is 95.9%, and the probability of cutting interest rates by 25 basis points is 4.1%. The probability of a cumulative 25 basis point interest rate cut by April is 16.4%, the probability of maintaining the interest rate unchanged is 83.0%, and the probability of a cumulative 50 basis point interest rate cut is 0.5%. The probability of a cumulative interest rate cut of 25 basis points by June is 44.0%.