CME "FedWatch" predicts an 11.6% probability of a Fed rate cut in January.

According to CME "FedWatch", the probability of the Federal Reserve cutting interest rates by 25 basis points in January is 11.6%, while the probability of keeping rates unchanged is 88.4%. By March, the probability of a cumulative 25 basis point rate cut is 40.3%, the probability of keeping rates unchanged is 55.4%, and the probability of a cumulative 50 basis point rate cut is 4.3%.