The probability of the Federal Reserve keeping interest rates unchanged in January next year is 73.4%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in January next year is 26.6%, while the probability of keeping rates unchanged is 73.4%. By March next year, the cumulative probability of a 25 basis point cut is 46.8%, the probability of keeping rates unchanged is 41.8%, and the cumulative probability of a 50 basis point cut is 11.5%.