The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 86.2%, and the probability of a rate cut in January next year is 65.4%

According to Jinshi News, the CME "FedWatch" shows that 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%. By January next year, the cumulative probability of a 25 basis point cut is 65.4%, the probability of keeping rates unchanged is 9.8%, and the cumulative probability of a 50 basis point cut is 24.8%.