With 3 days left until the Federal Reserve's interest rate decision, the probability of a March rate cut is only 2%

According to BlockBeats, on March 16th, according to data from CME's "Federal Reserve Watch", there is a 2% probability that the Federal Reserve will cut interest rates by 25 basis points in March, with only 3 days left until the next FOMC meeting (the interest rate decision will be announced at 2:00 am Beijing time on March 20th), and a 98% probability that it will remain unchanged. The probability of the Federal Reserve reducing interest rates by 50 basis points cumulatively until May is 0.5%, the probability of reducing interest rates by 25 basis points cumulatively is 27.7%, and the probability of remaining unchanged is 71.8%.