The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 85.1%
According to CME "Fed Watch": The probability of the Federal Reserve maintaining the current interest rate until December is 14.9%, and the cumulative probability of a 25 basis point cut is 85.1%. The probability of maintaining the current interest rate until January next year is 10.1%, with a cumulative chance of a 25 basis point cut at 62.6% and a cumulative chance of a 50 basis point cut at 27.3%.
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