The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 44.4%, while the probability of keeping rates unchanged is 55.6%.
According to ChainCatcher, citing Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 44.4%, while the probability of keeping rates unchanged is 55.6%. In addition, by January next year, the probability of a cumulative 25 basis point rate cut is expected to be 48.6%, the probability of keeping rates unchanged is 34.7%, and the probability of a cumulative 50 basis point rate cut is 16.7%.
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