CME Fed Watch: The probability of the Fed keeping interest rates unchanged in December is 90.9%

According to CME's "Fed Watch": The probability of the Fed maintaining interest rates in the range of 5.25%-5.50% in December is 90.9%, and the probability of raising interest rates by 25 basis points to the range of 5.50%-5.75% is 9.1%. The probability of maintaining interest rates unchanged until January next year is 77.7%, the probability of cumulative interest rate hikes of 25 basis points is 21%, and the probability of cumulative interest rate hikes of 50 basis points is 1.3%.