The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 48.9%, while the probability of maintaining the current rate is 51.1%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 48.9%, while the probability of maintaining the current rate is 51.1%. In addition, the probability of the Federal Reserve cumulatively cutting rates by 25 basis points by January next year is 49.7%, the probability of maintaining the current rate is 31.9%, and the probability of a cumulative cut of 50 basis points is 18.4%.