Traders expect a 99.3% probability that the Federal Reserve will keep interest rates unchanged.

According to FedWatch data, there are 6 days left until the Federal Open Market Committee (FOMC) meeting, and traders estimate a 99.3% probability that the Federal Reserve will keep interest rates unchanged. The Consumer Price Index (CPI) for February rose 2.4% year-on-year, in line with expectations. AI interpretation: The expectation that the Federal Reserve will maintain interest rates has almost reached consensus, indicating market confidence in the current monetary policy. This stability will help maintain smooth economic operations and avoid uncertainties caused by policy changes. Meanwhile, the CPI data matches expectations, further confirming the controllability of inflation and providing support for the Federal Reserve's policy decisions. Overall, the market's outlook for future interest rate policy remains cautiously optimistic.