CME: The probability of the Federal Reserve cutting interest rates in February is low, but the cumulative probability of rate cuts in March has increased
2024/01/14 23:10
CME "Fed Watch" data shows that the probability of the Federal Reserve maintaining interest rates in the range of 5.25%-5.50% in February is 95.3%, and the probability of a rate cut by 25 basis points is 4.7%. The likelihood of keeping interest rates unchanged in March is at 21%, while there's a cumulative chance of a rate cut by 25 basis points at 75.4%, and a cumulative chance for a reduction by 50 basis points stands at 3.6%.
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