Rewards Hub According to CME's "FedWatch" data, the probability of the Federal Reserve cutting interest rates by 25 basis points in March stands at 12%, with an 88% likelihood of rates remaining unchanged. For April, the probability of maintaining current rates is 75.2%, while the chances of a cumulative 25 basis point cut are 23%, and a 50 basis point cut is 1.7%. The upcoming Federal Open Market Committee (FOMC) meetings are scheduled for March 18 and April 29.
Fed March Rate Cut Probability at 12%, April Hold Likely at 75.2%
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