Ahead of the nonfarm payrolls report, Federal Reserve indicates a 95.3% probability that interest rates will remain unchanged in March.
Svmuu News: Ahead of the nonfarm payrolls report, according to CME’s “Federal Reserve”: Federal Reserve The probability of a 25-basis-point rate cut by March is 4.7%, while the probability of rates remaining unchanged is 95.3%. Federal Reserve The probability of a cumulative 25-basis-point rate cut by April is 14%, with an 85.5% probability of rates remaining unchanged, and a 0.5% probability of a cumulative 50-basis-point rate cut. The probability of a cumulative 25-basis-point rate cut by June is 31.5%.
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