Before the release of the non-farm payroll data, the probability of the Fed maintaining interest rates in March is 95.3%.
Before the release of the non-farm payroll data, according to CME "FedWatch": the probability of the Fed cutting interest rates by 25 basis points in March is 4.7%, and the probability of keeping rates unchanged is 95.3%. The probability of the Fed cutting interest rates by a total of 25 basis points in April is 14%, with a probability of keeping rates unchanged at 85.5%, and a probability of cutting interest rates by a total of 50 basis points at 0.5%. The probability of the Fed cutting interest rates by a total of 25 basis points by June is 31.5%.
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