After the release of the U.S. CPI, the probability of the Federal Reserve lowering interest rates by 25 basis points in December rose to 75.7%

ChainCatcher news, according to CME's "FedWatch" data, the probability of the Federal Reserve maintaining the current interest rate unchanged until December is 24.3%, while the probability of a cumulative rate cut of 25 basis points is 75.7% (before the CPI announcement, these were 37.9% and 62.1% respectively). The probability of maintaining the current interest rate unchanged until January next year is 16.5%, while the probability of a cumulative rate cut of 25 basis points is 59.2%, and the probability of a cumulative rate cut of 50 basis points is 24.3% (before the CPI announcement, these were 26.5%, 54.9%, and 18.6% respectively).