Federal Reserve's January Rate Decision Likely to Remain Unchanged

According to PANews, the CME's "FedWatch" tool indicates an 89.3% probability that the Federal Reserve will maintain its current interest rates in January. There is a 10.7% chance of a 25 basis point rate cut. Looking ahead to March, the likelihood of rates remaining unchanged stands at 51.8%, while the probability of a cumulative 25 basis point cut is 43.7%, and a cumulative 50 basis point cut is 4.5%.