The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 59.1%

ChainCatcher news, according to Jinshi reports, according to CME's "Fed Watch": The probability that the Federal Reserve will maintain the current interest rate unchanged until December is 40.9%, while the probability of a cumulative rate cut of 25 basis points is 59.1%.

The probability of maintaining the current interest rate unchanged until January next year is 30.4%, while the probability of a cumulative rate cut of 25 basis points is 54.5%, and the probability of a cumulative rate cut of 50 basis points is 15.2%.