The probability of the Federal Reserve maintaining interest rates unchanged in January next year is 85.1%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in January next year is 85.1%, while the probability of a 25 basis point rate cut is 14.9%. By March next year, the cumulative probability of a 25 basis point rate cut is 45.2%, the probability of keeping rates unchanged is 48.3%, and the cumulative probability of a 50 basis point rate cut is 6.5%.