The probability of the Federal Reserve keeping interest rates unchanged in January next year is 77.9%

According to Jinshi News, CME's "Fed Watch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in January next year is 22.1%, while the probability of keeping rates unchanged is 77.9%. By March next year, the cumulative probability of a 25 basis point cut is 40.7%, the probability of keeping rates unchanged is 52%, and the cumulative probability of a 50 basis point cut is 7.4%.