🔥100x community news:
Probability of Fed rate cut in March drops to 15%
On February 6, according to CME Fed Watch: The probability that the Federal Reserve will keep interest rates unchanged in the range of 5.25%-5.50% in March is 85%, and the probability of cutting interest rates by 25 basis points is 15%. The probability of keeping rates unchanged through May is 37.7%, the probability of a cumulative 25 basis point rate cut is 54%, and the probability of a cumulative 50 basis point rate cut is 8.3%.