The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 44.4%, while the probability of maintaining the current rate is 55.6%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 44.4%, while the probability of keeping rates unchanged is 55.6%. In addition, it is expected that by January next year, the cumulative probability of a 25 basis point rate cut will be 48.6%, the probability of keeping rates unchanged will be 34.7%, and the cumulative probability of a 50 basis point rate cut will be 16.7%.