The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 85.8%
According to CME "Fed Watch": The probability of the Federal Reserve maintaining the current interest rate until December is 14.2%, and the cumulative probability of a 25 basis point cut is 85.8%. The probability of maintaining the current interest rate until January next year is 10.5%, with a cumulative chance of a 25 basis point cut at 67.5% and a cumulative chance of a 50 basis point cut at 22%.
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