The probability of the Federal Reserve maintaining interest rates in January is 88.4%, while the probability of a rate cut is 11.6%

According to Jinshi News, before the non-farm data release, the probability of the Federal Reserve cutting rates by 25 basis points in January was 11.6%, while the probability of keeping the rates unchanged was 88.4%. By March, the cumulative probability of a 25 basis point cut was 35.8%, the probability of keeping the rates unchanged was 60.6%, and the cumulative probability of a 50 basis point cut was 3.7%.