The probability that the Fed will keep interest rates unchanged in March is 89.5%

According to CME's "Fed Watch": the probability that the Federal Reserve will keep interest rates unchanged in the range of 5.25%-5.50% in March is 89.5%, and the probability of cutting interest rates by 25 basis points is 10.5%. The probability of keeping interest rates unchanged by May is 63.3%, the probability of a cumulative 25 basis point interest rate cut is 33.7%, and the probability of a cumulative 50 basis point interest rate cut is 3.1%.