CME data shows that the probability of the Fed cutting interest rates in March has dropped to 2.5%
On February 23, according to CME FedWatch: The probability of the Fed maintaining interest rates in the range of 5.25%-5.50% in March is 97.5%, and the probability of a 25 basis point rate cut is 2.5%. The probability of keeping interest rates unchanged until May is 78.4%, with a cumulative probability of a 25 basis point rate cut at 21.1% and a cumulative probability of a 50 basis point rate cut at 0.5%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: US XRP spot ETF sees a single-day net inflow of $22.68 million
São Paulo, Brazil to pilot blockchain-based microloans for small rural producers
