The probability of the Federal Reserve cutting interest rates by 25 basis points in December has risen to 77.5%
According to CME's "Fed Watch", the probability of the Federal Reserve maintaining the current interest rate until December is 22.5%, and the cumulative probability of a 25 basis point cut is 77.5%. The probability of maintaining the current interest rate until January next year is 17.2%, with a cumulative chance of a 25 basis point cut at 64.5% and a cumulative chance of a 50 basis point cut at 18.2%.
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