After the non-farm payroll data was released, the probability of the Federal Reserve keeping interest rates unchanged in January rose to 97.2%.
PANews, January 9th – According to Jinse Finance, citing CME "FedWatch": After the release of non-farm payroll data, the probability of the Federal Reserve cutting rates by 25 basis points in January is 2.8% (previously 11.6%), while the probability of keeping rates unchanged has risen to 97.2% (previously 88.4%). By March, the cumulative probability of a 25 basis point rate cut is 32.3% (previously 35.8%), the probability of keeping rates unchanged is 66.8% (previously 60.6%), and the cumulative probability of a 50 basis point rate cut is 0.9% (previously 3.7%).
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