Before the CPI release, the probability of the Federal Reserve keeping interest rates unchanged in March was 99.3%.

CoinFeed reported on March 11 that, according to CME's "FedWatch," the probability of the Federal Reserve cutting interest rates by 25 basis points by March is 0.7%, while the probability of keeping rates unchanged is 99.3%. The probability of a cumulative 25 basis point rate cut by the Fed by April is 10.9%, the probability of keeping rates unchanged is 89.1%, and the probability of a cumulative 50 basis point rate cut is 0.1%. The probability of a cumulative 25 basis point rate cut by June is 33.1%.