The probability of the Federal Reserve cutting interest rates by 25 basis points in January next year is 24.4%.

According to CME "FedWatch" data, the probability of the Federal Reserve cutting interest rates by 25 basis points in January next year is 24.4%, while the probability of keeping rates unchanged is 75.6%. By March next year, the probability of maintaining the current rate is 49%, and the probability of a cumulative 25 basis point rate cut is 42.4%. The U.S. Bureau of Labor Statistics will release the November non-farm payroll and unemployment rate data tonight at 21:30 (UTC+8), with non-farm payrolls expected at 40,000 and the unemployment rate expected at 4.40%.