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2026-02-13 21:28:55
Prior to the CPI release, according to CME's "FedWatch": the probability of the Fed cutting interest rates by 25 basis points by March was 9.7%, and the probability of keeping rates unchanged was 90.3%. The probability of a cumulative 25 basis point rate cut by April was 28.1%, the probability of keeping rates unchanged was 69.7%, and the probability of a cumulative 50 basis point rate cut was 2.2%. The probability of a cumulative 25 basis point rate cut by June was 49.4%.
