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

The US PPI in February recorded the smallest increase since July 2024. According to the CME "Fed Watch" data, the probability that the Fed will maintain interest rates unchanged in March after the release of the PPI data is 99.0%, and the probability of interest rate reduction by 25 basis points is only 1.0%. There are still about 6 days before the next FOMC meeting.