Fed Rate Cut Likely by December with 94.8% Probability 👍🏻
The probability of a 25-basis-point rate cut by the #Federal Reserve in #November stands at 93.1%, with a 6.9% chance of holding rates steady. By December, the likelihood of maintaining the current rate drops to 5.2%, while the probability of a cumulative 25-basis-point rate #cut increases to 94.8%.
If you enjoy my content, feel free to tip me ❤️
