CME predicts that the probability of the Federal Reserve cutting interest rates in December is 55.9%

According to Jinshi Data, CME's "Federal Reserve Watch" shows that the probability of the Federal Reserve maintaining the current interest rate unchanged in December is 44.1%, and the probability of a 25 basis point interest rate cut is 55.9%.

By January next year, the probability of maintaining the current interest rate unchanged is 33.7%, the probability of a 25 basis point rate cut is 53.1%, and the probability of a 50 basis point rate cut is 13.2%.