The probability of the Federal Reserve lowering interest rates by 25 basis points in December is 29.8%, while the probability of maintaining the current rate is 70.2%

According to Jinshi reports, CME's "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 29.8%, while the probability of maintaining the current rate is 70.2%. In addition, the probability of the Federal Reserve cumulatively cutting rates by 25 basis points by January next year is 49.5%, the probability of keeping rates unchanged is 36%, and the probability of a cumulative cut of 50 basis points is 14.5%.