Lates News

Before the data was released, according to CME's "Fed Watch": The probability of the Fed cutting interest rates by 25 basis points by March is 5.9%, while the probability of keeping rates unchanged is 94.1%. The probability of the Fed cutting interest rates by a total of 25 basis points by April is 20.5%, while the probability of keeping rates unchanged is 78.5% and the probability of cutting interest rates by a total of 50 basis points is 1.0%. By June, the probability of the Fed cutting interest rates by a total of 25 basis points is 48.1%.