🚨 #HEADLINE : March FOMC Expectations
The hype for a spring rate cut is cooling off rapidly.
The Data: As of today, the probability of a 25-basis-point cut in March has dropped to roughly 12% to 19.9% (down from over 23% just a few days ago).
Why the shift? Persistent inflation risks and the "neutral rate" debate (whether the current 3.5%–3.75% range is already "normal") are making the Fed cautious. Most traders now expect a "hold" in March, with a pivot potentially delayed until the April or June meetings.