The probability of the Federal Reserve maintaining interest rates unchanged in March is 96%

According to CME "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in March is 96.0%, and the probability of a rate cut by 25 basis points is 4.0%. By May, the likelihood of maintaining current interest rates remains at 58.3%, with a cumulative chance of a rate cut by 25 basis points at 40.1% and a cumulative chance for a rate cut by 50 basis points at 1.6%.