The probability of a 25 basis point rate cut by the Federal Reserve in March is 9%, and the probability of a cumulative 50 basis point rate cut by May is 4%

According to BlockBeats, on March 7th, according to data from CME's "Federal Reserve Watch", with 12 days left until the next FOMC meeting, the probability of the Fed cutting interest rates by 25 basis points in March is 9%, and the probability of remaining unchanged is 91%. The probability of the Federal Reserve reducing interest rates by 50 basis points cumulatively until May is 4%, the probability of reducing interest rates by 25 basis points cumulatively is 45.3%, and the probability of remaining unchanged is 50.7%.