The probability that the Fed will keep interest rates unchanged in February is 99.5%

CME's "Fed Watch": the probability of the Fed maintaining interest rates in the range of 5.25%-5.50% in February is 99.5%, and the probability of a 25 basis point rate cut is 0.5%. The probability of maintaining interest rates in March is 33.8%, the cumulative probability of a 25 basis point rate cut is 65.8%, and the cumulative probability of a 50 basis point rate cut is 0.3%.