According to CME's "Fed Watch": The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 88.8%, and the probability of maintaining unchanged interest rates is 11.2%. The probability of the Federal Reserve cumulatively cutting interest rates by 25 basis points by January next year is 63.0%, the probability of maintaining unchanged interest rates is 7.5%, and the probability of a cumulative interest rate cut of 50 basis points is 29.5%.[Odaily]
According to CME's "Fed Watch": The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 88.8%, and the probability of maintaining unchanged interest rates is 11.2%. The probability of the Federal Reserve cumulatively cutting interest rates by 25 basis points by January next year is 63.0%, the probability of maintaining unchanged interest rates is 7.5%, and the probability of a cumulative interest rate cut of 50 basis points is 29.5%.[Odaily]
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