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  • 22:58
    96% probability that the Fed will leave interest rates unchanged in March
    According to CME ‘Fed Watch’: the probability that the Fed will keep interest rates unchanged in March is 96.0%, and the probability of a 25 basis point cut is 4.0%. The probability of keeping the current rate unchanged by May is 50.9%, the probability of a cumulative 25 basis point cut is 47.2%, and the probability of a cumulative 50 basis point cut is 1.9%.
  • 22:25
    Musk: ‘Huge difficulty’ in balancing DOGE with other businesses
    Musk says there are ‘huge difficulties’ in balancing the Department of Government Efficiency (DOGE) with other businesses; if we're not stopped, we'll be able to save $1 trillion. The Department of Government Efficiency is ‘adding capacity’ to federal spending controls, and DOGE currently has more than 100 team members and could reach 200; most team members have technology and finance backgrounds.
  • 22:22
    S&P 500 officially has worst day since 2022
    The S&P 500 officially had its worst day since 2022, evaporating $1.4 trillion in market value.
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