CME "FedWatch": The probability of the Federal Reserve cutting rates by 25 basis points in December is 74.7%

According to Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 74.7%, while the probability of keeping rates unchanged is 25.3%. The probability of a cumulative 25 basis point rate cut by January next year is 57.7%, the probability of keeping rates unchanged is 16.6%, and the probability of a cumulative 50 basis point rate cut is 25.6%.