The probability of the Federal Reserve keeping interest rates unchanged in March is 91.1%, while the probability of a rate cut is 8.9%.
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TL;DR
CME FedWatch data indicates a 91.1% chance the Fed holds rates steady in March, with an 8.9% chance of a 25 basis point cut. By June, the probability of a cumulative 25 basis point cut rises to 46%.
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HAIChainMEFederal Reserveinterest ratesCME FedWatchrate cut probabilityMarch 2024
According to ChainCatcher, citing Jinshi, CME's "FedWatch" shows that the probability of the Federal Reserve maintaining interest rates unchanged by March is 91.1%, and the probability of a 25 basis point rate cut is 8.9%. By April, the probability of a cumulative 25 basis point rate cut is 22.5%, the probability of maintaining rates unchanged is 76%, and the probability of a cumulative 50 basis point rate cut is 1.5%. By June, the probability of a cumulative 25 basis point rate cut is 46%.