After the release of the US CPI, the probability of the Federal Reserve cutting interest rates by 25 basis points in December rose to 75.7%

According to CME's "Fed Watch", the probability that the Fed will maintain the current interest rate unchanged by December is 24.3%, and the probability of a cumulative interest rate cut of 25 basis points is 75.7% (before the CPI was released, the probability was 37.9% and 62.1%, respectively). The probability of maintaining the current interest rate unchanged by January next year is 16.5%, the probability of a cumulative interest rate cut of 25 basis points is 59.2%, and the probability of a cumulative interest rate cut of 50 basis points is 24.3%. (Before the CPI was released, the probability was 26.5%, 54.9%, and 18.6%, respectively). (Jinshi) #zachxbt