Federal Reserve Likely to Maintain Interest Rates in January

According to PANews, the CME FedWatch Tool indicates a 96.8% probability that the Federal Reserve will keep interest rates unchanged in January. There is a 3.2% chance of a 25 basis point rate cut. Looking ahead to March, the likelihood of maintaining the current rate stands at 75.5%, with a 23.8% probability of a cumulative 25 basis point cut and a 0.7% chance of a cumulative 50 basis point reduction.