The probability of a 25 basis point rate cut by the Federal Reserve in December reaches 87.6%

ChainCatcher News, according to Golden Ten Data, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 87.6%, while the probability of keeping rates unchanged is 12.4%. By January next year, the probability of a cumulative 25 basis point rate cut is 69.3%, the probability of keeping rates unchanged is 9.3%, and the probability of a cumulative 50 basis point rate cut is 21.3%.