CME Predicts High Probability Of Fed Maintaining Rates In January

According to BlockBeats, the CME FedWatch Tool indicates a 93.1% probability that the Federal Reserve will keep interest rates unchanged in January. There is a 6.9% chance of a 25 basis point rate cut. Looking ahead to March, the likelihood of maintaining the current rate stands at 57.7%, while the probability of a cumulative 25 basis point cut is 39.7%, and a 50 basis point cut is 2.6%.