CME predicts that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 95.4%

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 4.6%, and the probability of a 25 basis point interest rate cut is 95.4%.

By January next year, the probability of maintaining the current interest rate unchanged is 3.8%, the probability of a 25 basis point rate cut is 79.9%, and the probability of a 50 basis point rate cut is 16.3%.