[Breaking News] The probability of the Fed cutting interest rates by 25BP in December has dropped to 58.7%

[The probability of the Fed cutting interest rates by 25BP in December has dropped to 58.7%] Golden Finance reported that according to CME's "Fed Watch", the probability of the Fed maintaining the current interest rate unchanged by December is 41.3%, and the probability of a cumulative interest rate cut of 25 basis points is 58.7%. The probability of maintaining the current interest rate unchanged by January next year is 29%, the probability of a cumulative interest rate cut of 25 basis points is 53.6%, and the probability of a cumulative interest rate cut of 50 basis points is 17.6%. Powell made hawkish remarks about "not rushing to cut interest rates" in the early hours of this morning.