The probability of a Fed rate cut in December is 64.1%, and the probability of a rate cut in January next year is 54.1%.
ChainCatcher news, according to Golden Ten Data, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 64.1%, while the probability of keeping rates unchanged is 35.9%. By January next year, the probability of a cumulative 25 basis point rate cut is 54.1%, the probability of keeping rates unchanged is 23.2%, and the probability of a cumulative 50 basis point rate cut is 22.7%.
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