The probability of the Federal Reserve cutting interest rates by 25 basis points in December is now reported at 86.2%.
BlockBeats News, December 7, according to CME "FedWatch" data, the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 86.2%, while the probability of keeping rates unchanged is 13.8%.
The Federal Reserve will announce the US interest rate decision for the period ending December 10 at 3:00 AM (GMT+8) on December 11 (Thursday), with an expected rate of 3.75%, compared to the previous value of 4.00%. At 3:30 AM, Federal Reserve Chairman Powell will hold a monetary policy press conference.
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