Fed's March rate cut probability just 1% after PPI data release
The U.S. February PPI hit the smallest increase since July 2024, according to the CME ‘Fed Watch’ data, PPI data released after the Federal Reserve March probability of unchanged interest rates is 99.0%, the probability of a 25 basis point cut in interest rates is only 1.0%, the current distance from the next FOMC meeting there are about 6 days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Next Week's Key Insights: A certain exchange to host Blockchain Week in Dubai; Ethereum releases Fusaka upgrade
Goldman Sachs: A rate cut by the Federal Reserve at the upcoming December meeting is almost a foregone conclusion
Trending news
MoreCrypto prices
More
