According to Jinshi Data, CME's "Federal Reserve Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in January is 88.8%, and the probability of a 25 basis point rate cut is 11.2%.
By March, the probability of maintaining the current interest rate unchanged is 53.3%, the probability of a cumulative interest rate cut of 25 basis points is 42.2%, and the probability of a cumulative interest rate cut of 50 basis points is 4.5%.