The Federal Reserve is unlikely to cut interest rates in March, with a probability of over 95%

CME data shows that the probability of the Federal Reserve holding interest rates steady in March is over 95%, making a rate cut essentially unlikely, with only a 3%-6% chance of a 25 basis point cut.
The reason is that US inflation remains relatively high, and employment data is solid, so the Federal Reserve currently has no reason to cut rates.
Upcoming expectations:
April: approximately 22% chance of a rate cut
June: the probability of a rate cut rises to 44%, with market still divided
Overall, the Federal Reserve is likely to continue observing and maintain high interest rates for some time.