CME FedWatch Tool Predicts January Rate Decision

According to ChainCatcher, the CME FedWatch Tool indicates a 4.4% probability of a 25 basis point rate cut by the Federal Reserve in January, with a 95.6% likelihood of maintaining the current rate. By March, the probability of a cumulative 25 basis point rate cut rises to 27.6%, while the chance of keeping rates unchanged is 71.3%. There is a 1.1% probability of a cumulative 50 basis point rate cut by March.