According to Odaily Planet Daily, based on CME's FedWatch Tool, interest rate traders have set the probability of a 25 basis point rate cut at the FOMC meeting on December 18 at 59.4%, while the probability of rates staying unchanged is 40.6%.
See original
Interest rate traders predict a 59.4% probability of a 25 basis point rate cut at the December FOMC meeting
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 0