Following the release of the non-farm payrolls data, the probability of the Federal Reserve keeping interest rates unchanged in January rose to 97.2%.

According to CME's "FedWatch": After the release of the non-farm payroll data, the probability of the Federal Reserve cutting interest rates by 25 basis points in January was 2.8% (11.6% before the release), and the probability of keeping rates unchanged rose to 97.2% (88.4% before the release). By March, the probability of a cumulative 25 basis point rate cut was 32.3% (35.8% before the release), the probability of keeping rates unchanged was 66.8% (60.6% before the release), and the probability of a cumulative 50 basis point rate cut was 0.9% (3.7% before the release).