CME FedWatch Shows Over 90% Chance of Fed Holding Rates Steady in March Ahead of CPI Data

According to CME FedWatch, there is a 90.3% probability that the Federal Reserve will keep interest rates unchanged in March before the CPI report. The likelihood of a 25 basis point rate cut by April stands at 28.1%, with a cumulative 50 basis point cut being only 2.2%. Expectations for a 25 basis point cut rise to nearly 50% by June.