Probability Of Fed Rate Cut In March 2024 News. What is the likelihood that the fed will change the federal target rate at upcoming fomc meetings, according to interest rate traders? Use cme fedwatch to track the.

Futures contracts that settle to the fed’s policy rate are still pricing in about a 65% chance of a fed rate cut in march, down from about a 70% chance seen before. 2024 has panned out much as the fed expected, but with more signs that inflation was under control than officials thought in late 2023, allowing modestly faster rate cuts.