Rewards Hub The Federal Reserve is likely to keep interest rates unchanged in March, with a 90.3% probability, according to CME's "FedWatch" tool. This assessment comes ahead of the Consumer Price Index (CPI) release. The likelihood of a 25-basis-point rate cut by March stands at 9.7%.
Looking further ahead, the probability of a 25-basis-point rate cut by April is 28.1%, while the chance of maintaining current rates is 69.7%. There is a minimal 2.2% probability of a 50-basis-point cut by April. By June, the probability of a cumulative 25-basis-point rate cut increases to 49.4%.
Federal Reserve Expected to Maintain Rates in March with 90.3% Probability
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