BlockBeats news, on March 7, according to CME’s ‘FedWatch’ tool, the US Department of Labor will release the US February unemployment rate data tonight at 21:30. The current market expects a 9% probability of a 25 basis point rate cut by the Fed in March, while the probability of no change is 91%.
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Before the non-farm payroll data is released, the probability of a 25 basis point rate cut by the Federal Reserve in March is only 9%.
BlockBeats news, on March 7, according to CME’s ‘FedWatch’ tool, the US Department of Labor will release the US February unemployment rate data tonight at 21:30. The current market expects a 9% probability of a 25 basis point rate cut by the Fed in March, while the probability of no change is 91%.