PANews reported on December 18th that, prior to the CPI release, according to CME's "FedWatch," the probability of the Federal Reserve cutting interest rates by 25 basis points in January was 26.6%, while the probability of keeping rates unchanged was 73.4%. By March of next year, the probability of a cumulative 25 basis point rate cut was 45.8%, the probability of keeping rates unchanged was 43.2%, and the probability of a cumulative 50 basis point rate cut was 10.9%.