The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 52.3%
According to CME's "FedWatch": The probability that the Federal Reserve will maintain the current interest rate until December is 47.7%, while the probability of a cumulative rate cut of 25 basis points is 52.3%. The probability of maintaining the current interest rate until January next year is 35.5%, while the probability of a cumulative rate cut of 25 basis points is 51.1%, and the probability of a cumulative rate cut of 50 basis points is 13.4%
According to Jin10 Data on November 21, the CME "FedWatch" indicates that the probability of the Federal Reserve maintaining the current interest rate until December is 47.7%, while the probability of a cumulative rate cut of 25 basis points is 52.3%. The probability of maintaining the current interest rate until January next year is 35.5%, while the probability of a cumulative rate cut of 25 basis points is 51.1%, and the probability of a cumulative rate cut of 50 basis points is 13.4%