CME: Probability of Fed Keeping Rates Unchanged in February at 87.1%
2024/01/02 23:00
Data from CME's "FedWatch" indicates an 87.1% probability that the Federal Reserve will maintain interest rates unchanged in the 5.25%-5.50% range in February, with a 12.9% probability of a 25-basis-point rate cut. The likelihood of the Fed keeping rates steady through March next year stands at 20.9%, with a cumulative 25-basis-point rate cut probability at 69.3% and a cumulative 50-basis-point rate cut probability at 9.8%.
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