Today's CME "Fed Watch" Data: 86.2% Probability of Holding Rates Steady in January
On January 9, according to Jin Ten Data, today's CME "Fed Watch" data shows: The probability of the Federal Reserve cutting rates by 25 basis points in January is 13.8%, and the probability of holding rates steady is 86.2%. By March, the cumulative probability of a 25 basis point rate cut is 38.0%, the probability of holding rates steady is 57.4%, and the probability of a cumulative 50 basis point rate cut is 4.6%.
Today's CME "Fed Watch" Data: 86.2% Probability of Holding Rates Steady in January
On January 9, according to Jin Ten Data, today's CME "Fed Watch" data shows: The probability of the Federal Reserve cutting rates by 25 basis points in January is 13.8%, and the probability of holding rates steady is 86.2%. By March, the cumulative probability of a 25 basis point rate cut is 38.0%, the probability of holding rates steady is 57.4%, and the probability of a cumulative 50 basis point rate cut is 4.6%.