The probability of the Fed raising interest rates by 25 basis points in March is 90.8%

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 90.8%, and the probability of raising interest rates by 50 basis points to the range of 5.00%-5.25% is 9.2%; interest rates will be maintained in May The probability of no change is 0.0%, the probability of a cumulative rate hike of 25 basis points is 22.0%, and the probability of a cumulative rate hike of 50 basis points is 71.0%. and the probability of a cumulative rate hike of 75 basis points to the range of 5.25%-5.50% is 7.0% .