PANews reported on January 21 that, according to CME's "FedWatch," the probability of the Federal Reserve cutting interest rates by 25 basis points in January is 5%, while the probability of keeping rates unchanged is 95%. By March, the probability of a cumulative 25 basis point rate cut is 20.6%, the probability of keeping rates unchanged is 78.5%, and the probability of a cumulative 50 basis point rate cut is 0.9%.