BlockBeats News, February 13: Ahead of CPI release, according to CME’s “FedWatch Tool”: The probability of the Fed cutting rates by 25 basis points in March is 9.7%, while the probability of keeping rates unchanged is 90.3%.
The probability of a cumulative 25 basis point rate cut by the Fed by April is 28.1%, with a 69.7% probability of keeping rates unchanged and a 2.2% probability of a cumulative 50 basis point rate cut. The probability of a cumulative 25 basis point rate cut by June is 49.4%. (FXStreet)
