The probability of the Federal Reserve lowering interest rates by 25 basis points in December is 96%

According to CME's "FedWatch": The probability of the Federal Reserve maintaining the current interest rate until December is 4.0%, and the probability of a cumulative 25 basis point rate cut is 96%. The probability of maintaining the current interest rate until January of next year is 3.2%, the probability of a cumulative 25 basis point rate cut is 78.3%, and the probability of a cumulative 50 basis point rate cut is 18.5%.

Therefore, the interest rate cut this month is a certainty, we just need to work hard and leave the rest to fate.