The probability of the Federal Reserve cutting interest rates by 25 basis points in December reaches 89.4%
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 89.4%, while the probability of keeping rates unchanged is 10.6%. By January next year, the probability of a cumulative 25 basis point rate cut 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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