The probability of the Federal Reserve cutting interest rates by 25 basis points in December rises to 74.5%

PANews December 3 report, according to CME's 'FedWatch': The probability that the Federal Reserve will keep the current interest rate unchanged by December is 25.5%, while the probability of a cumulative rate cut of 25 basis points is 74.5%. The probability of maintaining the current interest rate unchanged by January next year is 20.6%, while the probability of a cumulative rate cut of 25 basis points is 65.1%, and the probability of a cumulative rate cut of 50 basis points is 14.3%.