CME Federal Reserve Observation: The probability of the Federal Reserve keeping interest rates unchanged has fallen to 2%

PANews October 26, according to Jinshi reports, investors expect that the possibility of the Federal Reserve maintaining interest rates unchanged at the next meeting has decreased, while the inflation and employment data scheduled to be released next week may still change expectations.

According to CME Federal Reserve Observation, the probability of the Federal Reserve keeping interest rates unchanged has dropped from nearly 20% earlier this month to 2%. Most people are betting that the Federal Reserve will cut rates by 25 basis points. The September PCE data will be released next Thursday, and the October employment data will be released next Friday. Price data show that inflation is persistent but not overheating. Employment data may be subject to one-time impacts from hurricanes and strikes.