[Probability of the Federal Reserve cutting interest rates by 25 basis points in January 2026 is 22.1%] CME 'FedWatch' data shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in January 2026 is 22.1%, while the probability of keeping rates unchanged is 77.9%. The probability of the Federal Reserve cumulatively cutting interest rates by 25 basis points by March next year is 40.7%, the probability of keeping rates unchanged is 52%, and the probability of cumulatively cutting interest rates by 50 basis points is 7.4%.