The probability of the Federal Reserve maintaining interest rates unchanged in March is 92%

According to CME "Fed Watch": The probability of the Federal Reserve maintaining the current interest rate in March is 92%, and the probability of a reduction by 25 basis points is 8%. By May, the likelihood of maintaining the current interest rate is 73.8%, with a cumulative chance of a cut by 25 basis points at 24.6% and a cumulative chance for a cut by 50 basis points at 1.6%.