The Federal Reserve is expected to keep interest rates unchanged in March, with a 97.5% probability, according to CME's "FedWatch" tool. The likelihood of a 25-basis-point rate cut by March is just 2.5%. Looking ahead to April, the probability of maintaining current rates is 83.4%, while a 25-basis-point cut has a 16.3% chance. By June, the probability of a 25-basis-point cut increases to 40.3%.
Fed Likely to Maintain Interest Rates in March, CME Data Shows
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