After the release of the US initial jobless claims data, the probability of the Federal Reserve cutting interest rates by 25 basis points in January is 11.6%.

BlockBeats News, January 8, the number of initial jobless claims in the United States for the week ending January 3 was 208,000, with an expected figure of 210,000. The previous value was revised from 199,000 to 200,000.

According to CME "FedWatch" data, after the release of today's US initial jobless claims data, the probability of the Federal Reserve cutting interest rates by 25 basis points in January is 11.6%, while the probability of keeping rates unchanged is 88.4%.