The probability of the Federal Reserve maintaining the same interest rate in January next year is 91.4%

According to CME's "Fed Watch", the probability of the Federal Reserve maintaining interest rates unchanged in January next year is 91.4%, and the probability of a rate cut by 25 basis points is 8.6%. By March next year, the probability of maintaining current interest rates remains at 52.1%, with a cumulative chance of a rate cut by 25 basis points at 44.2% and a cumulative chance for a rate cut by 50 basis points at 3.7%.