The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 61.9%.
CME's "Fed Watch": The probability of the Fed maintaining the current interest rate in December is 38.1%, and the probability of cumulative interest rate cuts of 25 basis points is 61.9%. The probability of maintaining the current interest rate in January next year is 25.9%, the probability of cumulative interest rate cuts of 25 basis points is 54.3%, and the probability of cumulative interest rate cuts of 50 basis points is 19.8%.
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