The Federal Reserve will announce its interest rate decision tonight, with only a 1% chance of a March rate cut

BlockBeats reported that on March 19th, according to data from CME's "Federal Reserve Watch", the Federal Reserve will announce its interest rate decision tonight (2:00 am Beijing time on March 20th). The probability of the Federal Reserve cutting interest rates by 25 basis points in March is only 1%, and the probability of remaining unchanged is 99%. The probability of the Federal Reserve reducing interest rates by 50 basis points cumulatively until May is 0.2%, the probability of reducing interest rates by 25 basis points cumulatively is 18.6%, and the probability of remaining unchanged is 81.2%.