The probability of the Federal Reserve lowering interest rates by 25 basis points in December is 89.4%, while the probability of maintaining the current rate is 10.6%

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 89.4%, while the probability of maintaining the current rate is 10.6%. In addition, the probability of a cumulative cut of 25 basis points in January next year is 68.5%, the probability of maintaining the current rate is 7.8%, and the probability of a cumulative cut of 50 basis points is 23.8%.