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According to CME's "FedWatch": The probability of the Fed cutting interest rates by 25 basis points in March is 2.5%, while the probability of keeping rates unchanged is 97.5%. The probability of the Fed cutting rates by a cumulative 25 basis points in April is 16.3%, with a 83.4% probability of keeping rates unchanged and a 0.4% probability of a cumulative 50 basis point cut. The probability of a cumulative 25 basis point rate cut by June is 40.3%.
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