According to CME's "FedWatch": The probability that the Federal Reserve will maintain interest rates in January next year is 89.3%, and the probability of a 25 basis point rate cut is 10.7%. By March next year, the probability of keeping the current interest rate unchanged is 51.8%, the cumulative probability of a 25 basis point rate cut is 43.7%, and the cumulative probability of a 50 basis point rate cut is 4.5%.
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