The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 69.4%

According to CME's "FedWatch": The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 69.4%, while the probability of maintaining the current rate is 30.6%.

The probability of the Federal Reserve cumulatively cutting rates by 25 basis points by January next year is 56.9%, the probability of maintaining the current rate is 20.8%, and the probability of a cumulative cut of 50 basis points is 22.3%. (Jin Ten)