The probability that the Fed will keep interest rates unchanged in January next year is 89.3%
According to the CME "FedWatch", the probability of the Federal Reserve keeping the interest rate unchanged in January 2024 is 89.3%, and the probability of a 25-basis-point rate cut is 10.7%. The probability of keeping the current interest rate unchanged by March 2024 is 51.8%, the probability of a cumulative 25-basis-point rate cut is 43.7%, and the probability of a cumulative 50-basis-point rate cut is 4.5%.
