Ahead of the non-farm payrolls data release, the Federal Reserve is expected to maintain interest rates, with a 95.3% probability of no change by March, according to CME's "FedWatch." The likelihood of a 25-basis-point rate cut by March stands at 4.7%. Looking further ahead, the probability of a cumulative 25-basis-point cut by April is 14%, while the chance of rates remaining unchanged is 85.5%. By June, the probability of a cumulative 25-basis-point cut increases to 31.5%.
Fed Likely to Hold Rates Steady Ahead of Nonfarm Payrolls Data
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
