Data: The probability of a Fed rate cut in January has fallen to 19.9%, with a 44.7% chance of rates remaining unchanged through March.
ChainCatcher reports, according to CME “FedWatch” data, the probability of the Fed cutting interest rates by 25 basis points in January next year has fallen below 20%, currently reported at 19.9%, while the probability of keeping rates unchanged is 80.1%. Last week, the probability of a Fed rate cut in January had risen to 31%. … Read more
