CME FedWatch: After the release of CPI data, there is a 98.2% probability that the Federal Reserve will keep interest rates unchanged this week
According to CME's "Fed Watch": The probability of the Fed maintaining interest rates in the range of 5.25% - 5.50% unchanged in December is 98.2%, and the probability of a 25 basis point rate hike is 1.8%. The probability of keeping interest rates unchanged until February next year is 92.2%, with a cumulative probability of a 25 basis point rate cut at 6.1% and a cumulative probability of a 25 basis point rate hike at 1.7%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Micron Technology (MU.US) launches commercial production at its first semiconductor packaging and testing plant in India, with chip capacity expected to expand to several hundreds of millions next year
Micron Technology CEO Sanjay Mehrotra stated that the company’s semiconductor packaging and testing plant in Sanand, Gujarat, India, has commenced commercial production to meet the increasing demand for memory chips driven by artificial intelligence (AI).
Global Energy Roundup: Market Talk
Crypto prices
More
