CME Data Shows 73.4% Probability of No Rate Change at January Fed Meeting

CME FedWatch data on Dec. 11 shows a 26.6% probability of a 25-basis-point rate cut at the Federal Reserve’s January meeting and a 73.4% probability of rates remaining unchanged, according to BlockBeats. For March, the tool indicates a 39.4% chance of a cumulative 25-basis-point cut, a 53.4% chance of no change, and a 7.3% probability of a cumulative 50-basis-point cut, based on the latest market-implied expectations.