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The probability of the Fed keeping interest rates unchanged in January next year is 84.5%

ChainCatcher reports, according to Jinshi, the CME FedWatch Tool indicates that the probability of the Federal Reserve keeping interest rates unchanged in January next year is 84.5%, with a 15.5% probability of a 25 basis point rate cut. By March next year, the cumulative probability of a 25 basis point rate cut is 42.2%, the probability of keeping rates unchanged is 51.8%, and the cumulative probability of a 50 basis point rate cut is 6%.