According to the latest market analysis and data from the CME "Fed Watch" tool, the probability of the Fed cutting interest rates in January 2025 is 12.8%, while the probability of keeping interest rates unchanged is 87.2%. This shows that the market generally expects the Fed to maintain the current interest rate level in January next year, and the possibility of a rate cut is relatively low. The Fed's decision will be highly dependent on future economic data, especially the performance of inflation and the job market.