[Probability of a 25 Basis Point Rate Cut by the Fed in January Next Year is 24.4%] CME 'FedWatch' data shows that the probability of the Federal Reserve cutting rates by 25 basis points in January next year is 24.4%, while the probability of keeping rates unchanged is 75.6%. By March next year, the probability of maintaining rates unchanged is 49%, and the cumulative probability of a 25 basis point rate cut is 42.4%. The U.S. Bureau of Labor Statistics will release the November Nonfarm Payrolls and Unemployment Rate data tonight at 21:30 (UTC+8). The Nonfarm Payrolls are expected to increase by 40,000, and the Unemployment Rate is expected to be 4.40%.