TechFlow News, March 11: According to data from JIN10, the CME “FedWatch” tool shows that as of today, the probability of the Federal Reserve cutting rates by 25 basis points at its March meeting is 0.6%, while the probability of holding rates steady is 99.4%. By the April meeting, the probability of a cumulative 25-basis-point rate cut stands at 13.9%, with an 86.1% chance of no change and a 0.1% chance of a cumulative 50-basis-point cut. By the June meeting, the probability of a cumulative 25-basis-point rate cut is 37.5%.
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