Before the release of the PCE data, the probability is that the Fed will keep the Interest Rate unchanged in March is 94.5%.
Golden Ten Data on February 28, according to CME's "Fed Observation": the probability that the Fed will keep the Interest ate unchanged in March is 94.5%, and the probability of cutting interest rates by 25 basis points is 5.5%. The probability of keeping the current Interest Rate unchanged by May is 71.1%, the probability of a cumulative rate cut of 25 basis points is 27.5%, and the probability of a cumulative rate cut of 50 basis points is 1.4%..