Probability of Fed Keeping Rates Unchanged in February 2023 is 85.5%

CME's "FedWatch" data indicates that the probability of the Federal Reserve maintaining interest rates unchanged in the range of 5.25%-5.50% in February 2023 is 85.5%, while the probability of a 25 basis points rate cut is 14.5%. For March 2023, the likelihood of the Fed keeping rates unchanged is 18.8%, with cumulative probabilities of a 25 basis points rate cut at 69.9% and a 50 basis points rate cut at 11.3%.