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CME FedWatch: The probability of a 25 basis point rate cut by the Federal Reserve in January is only 2.1%.
According to a report from Deep Tide TechFlow on January 26, data from CME's "FedWatch" shows that with only 3 days left until the FOMC meeting on January 30, the market expects a 25 basis point rate cut this month to have only a 2.1% probability, while the probability of maintaining the current interest rate is as high as 97.9%. The probability of the Federal Reserve cutting rates by a total of 50 basis points by March has fallen to 0.6%, with a 25 basis point rate cut having a probability of 27.0%, and the probability of keeping the existing interest rate level reaching 72.4%.
Federal Reserve Chairman Jerome Powell will hold a monetary policy press conference at 3:30 PM on January 30, with the current market expectation for the interest rate cap remaining at 4.50%.#Join Honor Credits Draw & Win MacBook, Merch and More! #Which Altcoin Have You Bought Recently? #VINE Surge – Do you hold it?