[The probability that the Federal Reserve will raise interest rates by 50bp in March is 28%]

According to CME "Fed Watch": the probability that the Federal Reserve will raise interest rates by 25 basis points to the range of 4.75%-5.00% in March is 71.6%, and the probability of raising interest rates by 50 basis points is 28.4%; the probability of a cumulative 50 basis point interest rate hike by May is 64.6 %, the probability of a cumulative interest rate hike of 75 basis points is 32.6%, and the probability of a cumulative interest rate hike of 100 basis points is 2.8%.