The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 74%, consistent with the data released before the ADP report

ChainCatcher news, according to Jinshi reports, according to CME's "Fed Watch": The probability of the Federal Reserve maintaining the current interest rate until December is 26%, while the probability of a cumulative rate cut of 25 basis points is 74%. The probability of maintaining the current interest rate until January next year is 19.9%, while the probability of a cumulative rate cut of 25 basis points is 62.7%, and the probability of a cumulative rate cut of 50 basis points is 17.4%.