Before the non-farm payroll announcement, the probability that the Federal Reserve maintained interest rates unchanged in January was 93.1%.

According to the CME "Fed Watch", the probability of the Fed keeping interest rates unchanged in January is 93.1%, and the probability of cutting interest rates by 25 basis points is 6.9%. The probability of maintaining current interest rates unchanged in March is 59.6%, the probability of a cumulative 25 basis point cut is 37.9%, and the probability of a cumulative 50 basis point cut is 2.5%.