Federal Reserve's January Rate Decision: High Probability of No Change

According to ChainCatcher, CME's 'FedWatch' tool indicates an 88.4% probability that the Federal Reserve will maintain its current interest rates in January. There is an 11.6% chance of a 25 basis point rate cut. By March, the likelihood of a cumulative 25 basis point rate cut stands at 40.3%, while the probability of rates remaining unchanged is 55.4%. Additionally, there is a 4.3% chance of a cumulative 50 basis point rate cut.