Fed Watch: The probability of the Fed cutting interest rates by 25 basis points in December is 59.9%

Odaily News According to CME's "Fed Watch": The probability of the Fed maintaining the current interest rate unchanged by December is 40.1%, and the probability of a cumulative interest rate cut of 25 basis points is 59.9%. The probability of maintaining the current interest rate unchanged by January next year is 26.4%, the probability of a cumulative interest rate cut of 25 basis points is 53.1%, and the probability of a cumulative interest rate cut of 50 basis points is 20.5%.