Binance News
--
Federal Reserve's December Rate Decision: High Probability of a 25 Basis Point Cut
According to Odaily, the latest data from CME's 'FedWatch' tool indicates a significant shift in expectations regarding the Federal Reserve's interest rate decisions by December. The probability of maintaining the current interest rate has plummeted to just 1.4%. In contrast, there is now a 98.6% likelihood that the Federal Reserve will implement a cumulative rate cut of 25 basis points.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 0
