Federal Reserve's Interest Rate Predictions for Early Next Year

According to BlockBeats, CME's FedWatch tool indicates a 24.4% probability that the Federal Reserve will cut interest rates by 25 basis points in January next year, while there is a 75.6% chance that rates will remain unchanged. Looking ahead to March, the probability of a cumulative 25 basis point rate cut stands at 44.4%, with a 46% chance of maintaining the current rates. Additionally, there is a 9.5% probability of a cumulative 50 basis point rate cut by that time.