The probability of the Federal Reserve cutting interest rates in March is 10.5%, and the cumulative probability of cutting interest rates in May is 33.7%.

According to the Daily Planet, 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 89.5%, and the probability of a 25 basis point rate cut is 10.5%. The probability of keeping interest rates unchanged in May is 63.3%, the probability of a cumulative 25 basis point rate cut is 33.7%, and the probability of a cumulative 50 basis point rate cut is 3.1%.