After the release of the US CPI: The probability of the Federal Reserve cutting interest rates by 25 basis points in December rose to 97.7%
PANews, December 11 news, according to CME "Fed Watch": the probability of the Fed keeping the current interest rate unchanged by December is 2.3%, and the probability of a cumulative 25 basis point rate cut is 97.7%. The probability of keeping the current interest rate unchanged by January next year is 1.7%, the probability of a cumulative 25 basis point rate cut is 71.2%, and the probability of a cumulative 50 basis point rate cut is 27.1%.
