Odds for March Rate Cut Tick Higher

Odds for March Rate Cut Tick Higher

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Predictions for a cut in fed funds rate ticked up on Thursday after the release of key economic data. The CME FedWatch Tool, which estimates the trajectory of U.S. monetary policy implied by options betting, showed 46.2% chances of a 25 basis point rate cut in March, up from 40.4% on Wednesday.…

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