CME Federal Reserve observation shows that the probability of the Federal Reserve maintaining interest rates in the range of 5.25%-5.50% in March is 92%, and the probability of a 25 basis point interest rate cut is 8%. The probability of maintaining interest rates unchanged in May is 32.8%, the cumulative probability of a 25 basis point interest rate cut is 62.1%, and the cumulative probability of a 50 basis point interest rate cut is 5.1%.