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The probability of the Federal Reserve keeping interest rates unchanged in January is 79%.
According to CME's "FedWatch," the probability of the Federal Reserve cutting interest rates by 25 basis points in January is 21%, while the probability of keeping rates unchanged is 79%.
By March of next year, the probability of a cumulative 25 basis point rate cut is 47.1%, the probability of keeping rates unchanged is 43.4%, and the probability of a cumulative 50 basis point rate cut is 9.5%.
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