The probability of the Federal Reserve maintaining the interest rate unchanged in March is 95.5%

On February 28, according to CME "Federal Reserve Watch": The probability of the Federal Reserve maintaining the interest rate in March is 95.5%, and the probability of a decrease by 25 basis points is 4.5%. By May, the probability of maintaining the current interest rate is 73.2%, the cumulative probability of a decrease by 25 basis points is 25.8%, and that for a decrease by 50 basis points is at only1.1%.