The probability of the Federal Reserve cutting interest rates in March is 15.5%

Bitget App

Trade smarter

Bitget2024/02/13 01:20

According to CME's "Fed Watch": The probability of the Federal Reserve maintaining interest rates in the range of 5.25%-5.50% in March is 84.5%, and the probability of a rate cut by 25 basis points is 15.5%. By May, the probability of keeping interest rates unchanged is 41.2%, while there's a cumulative chance of a rate cut by 25 basis points at 50.8%, and a cumulative chance for a rate cut by 50 basis points at 7.9%.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

Trending news

The Federal Reserve's overnight reverse repurchase agreement (RRP) usage was $756.1 million on Friday.

Data: In the past 24 hours, total liquidations across the network reached $288 millions, with long positions liquidated for $163 millions and short positions for $125 millions.