The probability that the Federal Reserve will keep interest rates unchanged in January is 97.2%.

According to CME's "FedWatch" tool, the probability of the Federal Reserve cutting interest rates by 25 basis points in January is 2.8%, while the probability of keeping rates unchanged is 97.2%. The probability of a cumulative 25 basis points cut by March is 17.4%, with a 82.2% probability of rates remaining unchanged, and a 0.4% probability of a cumulative 50 basis points cut.