According to CME “Fed Watch”, the probability of the Fed raising interest rates by 25 basis points in March to the range of 4.75%-5.00% is 82.7%, and the probability of maintaining interest rates unchanged is 17.3%; the probability of maintaining interest rates unchanged by May is 7.2% , the probability of a cumulative rate hike of 25 basis points is 44.6%, and the probability of a cumulative rate hike of 50 basis points is 48.2%.
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