The probability of the Federal Reserve lowering interest rates by 25 basis points in December is 70.1%, while the probability of maintaining the current rate is 29.9%

According to Jinshi News, the CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 70.1%, while the probability of keeping rates unchanged is 29.9%. In addition, the probability of the Federal Reserve cumulatively cutting rates by 25 basis points by January next year is 55.8%, the probability of keeping rates unchanged is 19.3%, and the probability of a cumulative cut of 50 basis points is 24.8%.