CME Fed Watch: The probability of keeping interest rates unchanged in March is 84%, and the probability of cumulative interest rate cuts in May is 60.7%

According to Jinshi, CME's "Fed Watch" data shows that the probability of the Fed keeping interest rates unchanged in the range of 5.25%-5.50% in March is 84%, and the probability of a 25 basis point rate cut is 16%. The probability of keeping interest rates unchanged in May is 39.3%, the probability of a cumulative 25 basis point rate cut is 52.2%, and the probability of a cumulative 50 basis point rate cut is 8.5%.