The probability of a 25 basis point rate cut by the Federal Reserve in December is 69.8%.
Jinse Finance reported, according to CME "FedWatch": The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 69.8%, while the probability of keeping rates unchanged is 30.2%. The probability of a cumulative 25 basis point rate cut by January next year is 56.6%, the probability of keeping rates unchanged is 20.2%, and the probability of a cumulative 50 basis point rate cut is 23.2%. (Golden Ten Data)
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