The Federal Reserve is expected to keep interest rates unchanged in January 2026, with an 84.5% probability according to CME's 'FedWatch' tool. The likelihood of a 25-basis-point rate cut is currently at 15.5%. Looking ahead to March 2026, the probability of a 25-basis-point cut increases to 42.2%, while a 50-basis-point cut is considered less likely at 6.0%. These projections are closely monitored by crypto markets, which are sensitive to changes in monetary policy.