The probability of the Federal Reserve cutting interest rates by 25 basis points in December has risen to 77.5%

ChainCatcher news, according to CME's "FedWatch," the probability that the Federal Reserve will maintain the current interest rate until December is 22.5%, while the probability of a cumulative rate cut of 25 basis points is 77.5%. The probability of maintaining the current interest rate until January next year is 17.2%, while the probability of a cumulative rate cut of 25 basis points is 64.5%, and the probability of a cumulative rate cut of 50 basis points is 18.2%.