The probability of a 25 basis point rate cut by the Federal Reserve in December is 86.2%, and the probability of a rate cut in January next year is 65.4%.
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 86.2%, while the probability of keeping rates unchanged is 13.8%. By January next year, the probability of a cumulative 25 basis point rate cut is 65.4%, the probability of keeping rates unchanged is 9.8%, and the probability of a cumulative 50 basis point rate cut is 24.8%.
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