The probability of the Fed cutting rates by 25 basis points in December is 85.8 per cent
The probability of the Fed leaving current rates unchanged by December is 14.2%, with a cumulative probability of a 25 basis point cut at 85.8%. The probability of keeping current rates unchanged by January next year is 10.5 per cent, the probability of a cumulative 25 basis point cut is 67.5 per cent and the probability of a cumulative 50 basis point cut is 22 per cent.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tesla (TSLA.US) drops over 10% in a week, but ARK keeps buying! Cathie Wood: This is the moment we've been waiting for
Despite the recent volatility in Tesla's stock price, ARK Invest founder Cathie Wood, known as the "Goddess of Wall Street," remains optimistic about the company.
U.S. stock futures fluctuate by $650 billions due to news related to Jensen Huang
Nikkei Average Index gains expand to 2.78%
Surprise! Japan intervened in the forex market three times this summer, selling a record 154 trillion yen in three days
Japan has confirmed that it intervened in the foreign exchange market three times this summer, buying yen to support the exchange rate, corroborating earlier market reports. This included the first joint intervention with the United States to support the yen in nearly thirty years.
Crypto prices
More
