Before the Federal Reserve interest rate decision: the probability of a 25 basis point rate cut this time is 89.4%
Jinse Finance reported, according to CME "FedWatch": The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 89.4%, while the probability of keeping rates unchanged is 10.6%. The probability of a cumulative 25 basis point rate cut by the Federal Reserve by January next year is 68.5%, the probability of keeping rates unchanged is 7.8%, and the probability of a cumulative 50 basis point rate cut is 23.8%.
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