The Atlanta Fed's GDPNow model estimates that the U.S. GDP growth rate for the fourth quarter is 2.6%, down from a previous estimate of 3.1%.
The probability that the Federal Reserve will keep interest rates unchanged in January next year is 88.8%, while the probability of a 25 basis point rate cut is 11.2%. The probability of maintaining the current interest rate unchanged by March next year is 47.9%, the cumulative probability of a 25 basis point rate cut is 46.9%, and the cumulative probability of a 50 basis point rate cut is 5.2%.
The probability that the Federal Reserve will keep interest rates unchanged in January next year is 88.8%, while the probability of a 25 basis point rate cut is 11.2%. The probability of maintaining the current interest rate unchanged by March next year is 47.9%, the cumulative probability of a 25 basis point rate cut is 46.9%, and the cumulative probability of a 50 basis point rate cut is 5.2%.