The probability of the Federal Reserve keeping interest rates unchanged in March is 77.3%, while the probability of a rate cut is 22.7%.
AI Summary1 min read
TL;DR
CME FedWatch data indicates a 77.3% chance the Fed holds rates steady in March, with a 22.7% chance of a 25 basis point cut. By June, the probability of a cumulative 25 basis point cut rises to 50.2%.
Tags
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 77.3%, and the probability of a 25 basis point rate cut is 22.7%. By April, the probability of a cumulative 25 basis point rate cut is 36.2%, the probability of maintaining rates unchanged is 58.1%, and the probability of a cumulative 50 basis point rate cut is 5.6%. By June, the probability of a cumulative 25 basis point rate cut is 50.2%.