The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 74.7%, and the probability of a rate cut in January next year is 57.7%

ChainCatcher news, according to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve cutting rates by 25 basis points in December is 74.7%, while the probability of keeping rates unchanged is 25.3%. By January next year, the cumulative probability of a 25 basis point cut is 57.7%, the probability of keeping rates unchanged is 16.6%, and the cumulative probability of a 50 basis point cut is 25.6%.