March Rate Cut Odds Dip as Fed Signals Strategic Plateau
· flowframe Pulse
The probability of a March rate reduction pulled back after the FOMC held interest rates steady at 3.50%-3.75% during its January 28 meeting. Market sentiment cooled as Chair Jerome Powell cited a stabilizing labor market and persistent inflation, leading traders to delay expectations for the next 25 bps cut.
14¢ → 9¢ • Vol: $1.1M