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Before the release of the US CPI, the probability of the Fed maintaining the Intrerest Rate unchanged in March is 97%.
Jinshi Data News on March 12th, according to CME’s ‘FedWatch’: The probability of the Fed maintaining the Interest Rate in March at 97.0%, the probability of a 25 basis point rate cut is 3.0%. The probability of maintaining the current Interest Rate in May is 67.0%, the cumulative probability of a 25 basis point rate cut is 32.1%, and the cumulative probability of a 50 basis point rate cut is 0.9%.