CME predicts a 54.8% probability of a 25 basis point rate cut by the Federal Reserve in December

According to Jinshi data reports, CME's 'FedWatch' shows that the probability of the Federal Reserve maintaining the current interest rate until December is 45.2%, while the probability of a 25 basis point rate cut is 54.8%.

By January next year, the probability of maintaining the current interest rate is 29.8%, the probability of a 25 basis point rate cut is 51.5%, and the probability of a 50 basis point rate cut is 18.7%.