The probability of the Fed cutting interest rates by 25 basis points is 98.6%.

According to BlockBeats, on December 19, according to CME's "Federal Reserve Watch": the probability of the Federal Reserve maintaining the current interest rate unchanged at this meeting is 1.4%, and the probability of a 25 basis point interest rate cut is 98.6%.

The probability of maintaining the current interest rate unchanged by January next year is 1.1%, the probability of a cumulative interest rate cut of 25 basis points is 79.9%, and the probability of a cumulative interest rate cut of 50 basis points is 19.0%. (Jinshi)