The probability of keeping interest rates unchanged before the Federal Reserve's rate decision is 97.2%

According to Jinshi reports, CME's "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in January is 2.8%, while the probability of keeping rates unchanged is 97.2%. By March, the cumulative probability of a 25 basis point cut is 15.5%, the probability of keeping rates unchanged is 84.2%, and the cumulative probability of a 50 basis point cut is 0.4%.