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

According to Jinshi News, 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 26%, the probability of keeping interest rates unchanged is 72.8%, and the cumulative probability of a 50 basis point rate cut is 1.2%.