97.3% probability that the Fed will leave interest rates unchanged in January
According to the CME “Fed Watch”, the probability that the Fed will keep interest rates unchanged in January is 97.3%, and the probability of cutting rates by 25 basis points is 2.7%. The probability of keeping the current interest rate unchanged in March is 70.1%, the probability of a cumulative 25 basis point cut is 29.2%, and the probability of a cumulative 50 basis point cut is 0.7%.
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