The probability of the Federal Reserve keeping interest rates unchanged in January next year is 75.6%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in January next year is 75.6%, while the probability of a 25 basis point rate cut is 24.4%. By March next year, the cumulative probability of a 25 basis point rate cut is 41.9%, the probability of keeping interest rates unchanged is 49.8%, and the cumulative probability of a 50 basis point rate cut is 8.3%.