According to Jinshi Data, CME's "Federal Reserve Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in January is 95.2%, and the probability of a 25 basis point rate cut is 4.8%.
By March, the probability of maintaining the current interest rate unchanged is 60.9%, the probability of a cumulative interest rate cut of 25 basis points is 37.3%, and the probability of a cumulative interest rate cut of 50 basis points is 1.7%.