The probability of the Fed staying put in March is 91.5%

There's a 91.5% probability that the Fed will keep interest rates unchanged in the range of 5.25% to 5.50% in March, with a 8.5% chance of a 25 basis point rate cut. The probability of maintaining rates unchanged until May is 51.6%, with a cumulative probability of a 25 basis point rate cut at 44.7%, and a cumulative probability of a 50 basis point rate cut at 3.7%.