According to the CME "Fed Watch", the probability of the Fed keeping interest rates unchanged in March is 98.0%, and the probability of cutting interest rates by 25 basis points is 2.0%. The probability of maintaining current interest rates unchanged in May is 79.9%, the probability of a cumulative 25 basis point cut is 19.8%, and the probability of a cumulative 50 basis point cut is 0.4%.
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