Federal Reserve's January Rate Decision Shows High Probability of No Change

The CME 'FedWatch' tool indicates a 95% probability that the Federal Reserve will keep interest rates unchanged in January. According to ChainCatcher, there is a 5% chance of a 25 basis point rate cut. By March, the likelihood of a cumulative 25 basis point cut rises to 15.4%, while the probability of maintaining the current rate stands at 84.1%. The chance of a cumulative 50 basis point cut is 0.6%.