CME predicts that the probability of the Federal Reserve cutting interest rates in December is 65.1%

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 34.9%, while the probability of a 25 basis point rate cut is 65.1%.

By January next year, the probability of maintaining the current interest rate unchanged is 23%, the probability of a 25 basis point rate cut is 54.8%, and the probability of a 50 basis point rate cut is 22.3%.