According to the latest market analysis and data from the CME 'FedWatch' tool, the probability of the Federal Reserve cutting interest rates in January 2025 is 12.8%, while the probability of maintaining the current interest rate is 87.2%. This indicates that the market generally expects the Federal Reserve to keep the current interest rate level in January next year, with a relatively low likelihood of a rate cut. The Federal Reserve's decisions will heavily depend on future economic data, particularly the performance of inflation and the job market.