BlockBeats News, March 6: Ahead of the release of non-farm payrolls data, according to CME’s “FedWatch”: The probability of the Fed cutting interest rates by 25 basis points in March is 4.7%, while the probability of keeping rates unchanged is 95.3%.
The probability of the Fed cutting interest rates by a cumulative 25 basis points by April is 14%, with an 85.5% probability of keeping rates unchanged, and a 0.5% probability of a cumulative 50 basis points cut. The probability of a cumulative 25 basis points rate cut by June is 31.5%. (FX168)
