The market believes that the probability of the Fed keeping interest rates unchanged in January next year is 91.4%.
According to the CME "FedWatch", the probability of the Federal Reserve keeping interest rates unchanged in January 2023 is 91.4%, and the probability of a 25-basis-point rate cut is 8.6%. The probability of keeping the current interest rate unchanged by March 2023 is 53%, the probability of a cumulative 25-basis-point rate cut is 43.4%, and the probability of a cumulative 50-basis-point rate cut is 3.6%.