[Probability of Fed Rate Cut in January Next Year Rises to 17.7%]
On December 28, according to CME 'FedWatch' data, the probability of the Federal Reserve cutting interest rates by 25 basis points in January next year slightly rose to 17.7%, while the probability of maintaining rates unchanged stands at 82.3%. The probability of the Fed keeping rates unchanged through March next year is 46.7%, the cumulative probability of a 25 basis point rate cut is 45.6%, and the cumulative probability of a 50 basis point rate cut is 7.7%. The dates for the next two FOMC meetings are January 28, 2026, and March 18, 2026.