CME Predicts High Probability of Fed Rate Stability in January

CME's "FedWatch" tool indicates a 95% chance that the Federal Reserve will keep interest rates unchanged in January. According to ChainCatcher, there is a 5% probability of a 25 basis point rate cut. By March, the likelihood of a cumulative 25 basis point cut stands at 20.6%, while the probability of maintaining the current rate is 78.5%. The chance of a cumulative 50 basis point reduction is 0.9%.