Probability of the Fed Keeping Interest Rates Unchanged in February Next Year is 85.5%

CME's "FedWatch" data indicates that there is an 85.5% probability that the Federal Reserve will maintain interest rates in the range of 5.25%-5.50% in February next year, with a 14.5% probability of a 25-basis-point rate cut. The probability of holding interest rates steady in March next year is 17.1%, with a cumulative 71.3% probability of a 25-basis-point rate cut and an 11.6% probability of a cumulative 50-basis-point rate cut.