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The Federal Reserve is expected to keep interest rates steady in March, with a 95.9% probability, according to CME's "FedWatch" tool. This follows a CNBC report highlighting a mere 4.1% chance of a 25-basis-point rate cut by March. Looking ahead to April, the tool indicates an 83% probability of no rate change, a 16.4% chance of a 25-basis-point cut, and a 0.5% chance of a 50-basis-point cut. By June, the likelihood of a 25-basis-point cut rises to 44%.

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