Federal Reserve January Rate Cut Probability at 16.6%

Market data shows a 16.6% chance of a 25-basis-point cut and an 83.4% likelihood of rates remaining unchanged.

Summary

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Terms & Concepts
  • Federal Reserve (U.S. central bank): The central banking system of the United States, responsible for monetary policy including interest rates.
  • Basis Point: A unit equal to one hundredth of a percentage point, used to describe changes in interest rates or yields.
  • CPI (Consumer Price Index): A measure of the average change over time in the prices paid by consumers for goods and services.