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

According to Jinshi News, before the CPI announcement, based on CME's "Fed Watch," the probability of the Federal Reserve cutting 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 45.8%, the probability of keeping rates unchanged is 43.2%, and the cumulative probability of a 50 basis point cut is 10.9%.