According to CME's "Fed Watch" data, the Federal Reserve will announce its interest rate decision tonight (2 AM Beijing time on March 20). The probability of the Federal Reserve cutting rates by 25 basis points in March is only 1%, while the probability of keeping rates unchanged is 99%.
The probability of the Federal Reserve cutting rates by a cumulative 50 basis points by May is 0.2%, the probability of cutting rates by a cumulative 25 basis points is 18.6%, and the probability of keeping rates unchanged is 81.2%.





