BlockBeats News, March 16: According to CME's "FedWatch Tool" data, there are 3 days left until the next FOMC meeting (rate decision will be announced at 2 am Beijing time on March 20). The probability of a 25 basis point rate cut by the Fed in March is 2%, while the probability of no change is 98%.
The probability of a cumulative 50 basis point rate cut by the Fed by May is 0.5%, the probability of a cumulative 25 basis point rate cut is 27.7%, and the probability of no change is 71.8%.