The probability of the Federal Reserve cutting interest rates by a cumulative 25 basis points in March next year is 71.9%
ChainCatcher news, according to CME's "Fed Watch": The probability that the Federal Reserve will maintain the interest rate in the range of 5.25%-5.50% in February next year is 86.6%, while the probability of a 25 basis point rate cut is 13.4%. By March next year, the probability of keeping the interest rate unchanged is 17.3%, the cumulative probability of a 25 basis point rate cut is 71.9%, and the cumulative probability of a 50 basis point rate cut is 10.7%.
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