The probability of the Federal Reserve maintaining the same interest rate in March is 96.0%

According to CME's "Fed Watch", the probability of the Federal Reserve maintaining interest rates in the range of 5.25%-5.50% in March is 96.0%, and the probability of a rate cut by 25 basis points is 4.0%. The likelihood of keeping interest rates unchanged until May is at 74.0%, with a cumulative chance for a rate cut by 25 basis points at 25.1%, and a cumulative chance for a rate cut by 50 basis points at just under one percent, or precisely, it's at .9%.