According to CME "Fed Watch": The probability of the Federal Reserve maintaining the current interest rate in January next year is 91.4%, and the probability of a 25 basis point cut is 8.6%.
By March next year, the probability of maintaining the current interest rate is 52.1%, the cumulative probability of a 25 basis point cut is 44.2%, and the cumulative probability of a 50 basis point cut is 3.7%.