CME "FedWatch": Probability of the Federal Reserve cutting rates by 25 basis points in December is 86.4%

Jinse Finance reported that, according to CME "FedWatch": the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 86.4%, while the probability of keeping rates unchanged is 13.6%. The probability of a cumulative 25 basis point rate cut by the Federal Reserve by January next year is 67.1%, the probability of keeping rates unchanged is 10%, and the probability of a cumulative 50 basis point rate cut is 23%.