95.2% probability that the Fed will leave rates unchanged in January

According to the CME “Fed Watch”, the probability that the Fed will keep interest rates unchanged in January is 95.2%, and the probability of cutting rates by 25 basis points is 4.8%. The probability of keeping the current interest rate unchanged in March is 60.9%, the probability of a cumulative rate cut of 25 basis points is 37.3%, and the probability of a cumulative rate cut of 50 basis points is 1.7%.