The probability of the Federal Reserve keeping interest rates unchanged in January is 97.2%

According to Jin Shi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in January is 2.8%, while the probability of keeping rates unchanged is 97.2%. By March, the cumulative probability of a 25 basis point cut is 15.5%, the probability of keeping rates unchanged is 84.1%, and the cumulative probability of a 50 basis point cut is 0.4%.