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TechFlow news, according to CME's "Fed Watch" data, after the release of U.S. nonfarm payrolls data, the probability of a 25-basis-point rate cut by the Federal Reserve in March declined from 14.5% to 8.5%, while the probability of holding rates steady rose from 85.5% to 91.5%.
CME's "FedWatch" data shows that after the release of U.S. nonfarm payrolls data, the probability of a 25-basis-point rate cut by the Federal Reserve in March declined from 14.5% to 8.5%, while the probability of holding rates steady rose from 85.5% to 91.5%.
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