The probability of a 25 basis point rate cut by the Federal Reserve in December is 42.9%.
Jinse Finance reported that according to CME "FedWatch": the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 42.9%, while the probability of keeping rates unchanged is 57.1%. The probability of the Federal Reserve cumulatively cutting rates by 25 basis points by January next year is 48.2%, the probability of keeping rates unchanged is 35.6%, and the probability of a cumulative 50 basis point rate cut is 16.1%.
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