Before the release of the US CPI, the probability that the Federal Reserve will keep interest rates unchanged in March is 95.5%

according to CME's "Fed Watch": The probability of the Fed maintaining interest rates in March is 95.5%, and the probability of a 25 basis point rate cut is 4.5%. The probability of maintaining the current interest rate in May is 78.6%, the cumulative probability of a 25 basis point rate cut is 20.6%, and the cumulative probability of a 50 basis point rate cut is 0.8%.