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 90%, and the probability of a 25 basis point rate cut is 10%. The probability of keeping interest rates unchanged in May is 61.6%, the probability of a cumulative 25 basis point rate cut is 35.2%, and the probability of a cumulative 50 basis point rate cut is 3.2%.
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CME Fed Watch: The probability of keeping interest rates unchanged in March is 90%
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