The probability of the Federal Reserve keeping interest rates unchanged in January is as high as 95%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in January is 95%, while the probability of a 25 basis point rate cut is 5%. By March, the cumulative probability of a 25 basis point rate cut is 20.7%, the probability of keeping interest rates unchanged is 78.4%, and the cumulative probability of a 50 basis point rate cut is 0.9%.