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

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

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

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