The current probability of the Fed cutting interest rates by 25 basis points for the first time in 2025 is only 8.6%
Odaily Odaily reports that the CME "Fed Watch" updated data shows that the probability of the Fed keeping the current interest rate unchanged at its next meeting (also the first meeting in 2025) is 91.4%, and the probability of a 25-basis-point rate cut is only 8.6%.
