The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 70.6%, and the probability of a rate cut in January next year is 54.2%.
According to ChainCatcher, citing Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 70.6%, while the probability of keeping rates unchanged is 29.4%. By January next year, the probability of a cumulative 25 basis point rate cut is 54.2%, the probability of keeping rates unchanged is 17.7%, and the probability of a cumulative 50 basis point rate cut is 28.2%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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