Probability of Fed keeping rates unchanged in January next year before CPI release is 95%

Odaily News: Before the CPI release, according to CME "FedWatch": The probability of the Fed cutting interest rates by 25 basis points in January next year is 5.0%, while the probability of keeping rates unchanged is 95.0%. By March next year, the cumulative probability of a 25 basis point rate cut is 24.3%, the probability of keeping rates unchanged is 74.6%, and the cumulative probability of a 50 basis point rate cut is 1.1%.