The probability of the Federal Reserve cutting interest rates by 25 basis points in December is currently 87.3%
According to CME's "FedWatch" data, the probability of the Federal Reserve cutting rates by 25 basis points in December is 87.3%, while the probability of keeping rates unchanged is 12.7%.
The Federal Reserve will announce its interest rate decision for the U.S. on December 11 (Thursday) at 3:00 AM Beijing time, with an expected rate of 3.75%, down from the previous 4.00%; at 3:30 AM, Fed Chair Powell will hold a monetary policy press conference.
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