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The probability of the Federal Reserve keeping interest rates unchanged this week is 98.9%
Gelonghui March 18 | According to CME “Federal Reserve Watch”: The probability of the Federal Reserve cutting interest rates by 25 basis points this week is 0%, the probability of holding rates steady is 98.9%, and the probability of raising rates by 25 basis points is 1.1%. The probability of the Federal Reserve cutting interest rates by a total of 25 basis points by April is 3.1%, with a 95.9% chance of holding rates steady and a 1.1% chance of raising rates by 25 basis points. The probability of a total cut of 25 basis points by June is 78.1%.