After the interest rate decision: The probability of maintaining the interest rate unchanged in January next year is 73.4%

On December 11, according to CME's "FedWatch": The probability of the Federal Reserve cutting interest rates by 25 basis points in January next year is 26.6%, while the probability of maintaining the interest rate unchanged is 73.4%.

By March next year, the cumulative probability of a 25 basis point cut is 39.4%, the probability of maintaining the interest rate unchanged is 53.4%, and the cumulative probability of a 50 basis point cut is 7.3%.