After the release of PPI data, the probability of the Federal Reserve cutting interest rates in March is only 1%

Odaily Planet Daily reported that the US PPI in February saw its smallest increase since July 2024. According to data from CME's "Federal Reserve Watch", the probability of the Fed keeping interest rates unchanged in March after the release of PPIT data is 99.0%, and the probability of cutting interest rates by 25 basis points is only 1.0%. Currently, there are about 6 days left until the next FOMC meeting.