The probability of the Federal Reserve keeping interest rates unchanged in January next year is 75.6%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in January next year is 24.4%, while the probability of keeping rates unchanged is 75.6%. By March next year, the cumulative probability of a 25 basis point cut is 44.4%, the probability of keeping rates unchanged is 46%, and the cumulative probability of a 50 basis point cut is 9.5%.