The probability of the Federal Reserve keeping interest rates unchanged in January next year is 84.5%

According to Jinshi reports, the CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in January next year is 84.5%, while the probability of a 25 basis point rate cut is 15.5%. By March next year, the cumulative probability of a 25 basis point rate cut is 42.2%, the probability of keeping interest rates unchanged is 51.8%, and the cumulative probability of a 50 basis point rate cut is 6%.