CME predicts that the probability of the Federal Reserve cutting interest rates in December is 72.2%

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 27.8%, and the probability of a 25 basis point interest rate cut is 72.2%.

By January next year, the probability of maintaining the current interest rate unchanged is 18.9%, the probability of a 25 basis point rate cut is 58.0%, and the probability of a 50 basis point rate cut is 23.2%.