The probability of a 25 basis point rate cut by the Federal Reserve in December is 70.1%, and the probability of a rate cut in January next year is 55.8%.
According to ChainCatcher, citing Golden Ten Data, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 70.1%, while the probability of keeping rates unchanged is 29.9%. By January next year, the probability of a cumulative 25 basis point rate cut is 55.8%, the probability of keeping rates unchanged is 19.3%, and the probability of a cumulative 50 basis point rate cut is 24.8%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sui DeFi Protocol AlphaFi Winds Down After Oracle Debt Issue
CME Group Launches Micro Futures for SUI and Sui Ecosystem DeFi
SEC Crypto Asset Rules Clarify Token Buybacks and Upgrades
