The probability of the Federal Reserve cutting interest rates by 25 basis points in December remains at 84.9%

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 84.9%, while the probability of keeping rates unchanged is 15.1%. By January next year, the cumulative probability of a 25 basis point cut is 66.4%, the probability of keeping rates unchanged is 11.1%, and the cumulative probability of a 50 basis point cut is 22.6%.