The Federal Reserve is expected to keep interest rates unchanged in January, with a 95.6% probability, according to the CME "FedWatch" tool. The likelihood of a 25-basis-point rate cut stands at just 4.4%. Looking ahead to March, the tool suggests a 27.6% chance of a 25-basis-point cut, while the probability of maintaining the current rate is 71.3%. There is also a minimal 1.1% chance of a cumulative 50-basis-point rate cut by March.