According to Odaily, CME's 'FedWatch' tool indicates a 91% probability that the Federal Reserve will maintain its current interest rates in March. There is a 9% chance of a 25 basis point rate cut. Looking ahead to May, there is a 53.8% likelihood that rates will remain unchanged, a 42.5% probability of a cumulative 25 basis point cut, and a 3.7% chance of a cumulative 50 basis point reduction.