According to CME's “Federal Reserve Watch”, the probability that the Fed will cut interest rates by 25 basis points in January 2026 is 19.9%, 44.747.1% will keep interest rates unchanged, 47.1% will keep interest rates unchanged, and the probability of cutting interest rates by 50 basis points is 8.2%.

According to CME's “Federal Reserve Watch”, the probability that the Fed will cut interest rates by 25 basis points in January 2026 is 19.9%, 44.747.1% will keep interest rates unchanged, 47.1% will keep interest rates unchanged, and the probability of cutting interest rates by 50 basis points is 8.2%.