CME predicts an 88.8% probability that the Federal Reserve will keep interest rates unchanged in January next year

According to Odaily Planet Daily, CME's 'Federal Reserve Watch' shows that the probability of the Federal Reserve keeping interest rates unchanged in January next year is 88.8%, while the probability of a 25 basis point rate cut is 11.2%.

By March next year, the probability of keeping the current interest rate unchanged is 46.2%, the cumulative probability of a 25 basis point rate cut is 48.4%, and the cumulative probability of a 50 basis point rate cut is 5.4%.