Possible "last reduction" before Trump 2.0, with a 94.7% probability of a 25 basis point cut in December
According to the "Federal Reserve Monitor" data from CME, as of December 12, there are 6 days left until the next FOMC meeting (Thursday, December 19, 2024, at 03:00 UTC). The probability that the Federal Reserve will cut interest rates by 25 basis points in December is currently 94.7%, while the probability of keeping rates unchanged in the range of 4.75%-5.00% is 5,
