CME data: 96% probability of no rate change in March

On February 26, CME "FedWatch" data showed that the probability of the Federal Reserve keeping interest rates unchanged in March is 96%, while the probability of a 25 basis point rate cut is 4%. By April, the probability of a cumulative 25 basis point rate cut is 17.3%, the probability of keeping rates unchanged is 82.1%, and the probability of a cumulative 50 basis point rate cut is 0.6%. By June, the probability of a cumulative 25 basis point rate cut is 43%.