The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 52.7%
According to online reports, according to CME's "Federal Reserve Observation": The probability that the Federal Reserve will keep current interest rates unchanged by December is 47.3%, and the probability of a cumulative interest rate cut by 25 basis points is 52.7%. The probability of keeping current interest rates unchanged by January next year is 37.2%, the probability of a cumulative interest rate cut of 25 basis points is 51.6%, and the probability of a cumulative interest rate cut of 50 basis points is 11.3%.
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