The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 67.3%.
Jinse Finance reported, according to CME "FedWatch": The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 67.3%, while the probability of keeping rates unchanged is 32.7%. The probability of a cumulative 25 basis point rate cut by the Federal Reserve by January next year is 55.8%, the probability of keeping rates unchanged is 21.8%, and the probability of a cumulative 50 basis point rate cut is 22.3%.
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