The probability of the Federal Reserve keeping interest rates unchanged in January next year is 83.9%

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 83.9%, while the probability of a 25 basis point rate cut is 16.1%. By March next year, the cumulative probability of a 25 basis point rate cut is 45.4%, the probability of keeping interest rates unchanged is 47.7%, and the cumulative probability of a 50 basis point rate cut is 6.9%.