The CME FedWatch tool shows a 96% probability that the Federal Reserve will maintain current interest rates in March 2026. The likelihood of a 25-basis-point rate cut by March stands at 4%. Looking ahead to April, the probability of a 25-basis-point cut increases to 17.3%, while the chance of rates remaining unchanged is 82.1%, and a 50-basis-point cut is seen as highly unlikely at 0.6%. By June, the probability of a 25-basis-point cut rises to 46.8%.
CME FedWatch Indicates 96% Chance of Rate Hold in March 2026
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