Federal Reserve Interest Rate Predictions for December and January

According to PANews, the CME's 'FedWatch' tool indicates a 40.9% probability that the Federal Reserve will maintain its current interest rates through December. There is a 59.1% chance of a cumulative rate cut of 25 basis points by then.

Looking ahead to January, the likelihood of the Federal Reserve keeping the current rates unchanged stands at 30.4%. The probability of a cumulative 25 basis point rate cut is 54.5%, while there is a 15.2% chance of a cumulative 50 basis point reduction. These predictions reflect market expectations regarding the Federal Reserve's monetary policy decisions in the coming months.