The probability of the Federal Reserve lowering interest rates by 25 basis points in December is 71%

JIN10
2024.11.07 22:05
portai
I'm PortAI, I can summarize articles.

According to CME's "FedWatch": The probability that the Federal Reserve will maintain the current interest rate until December is 29%, while the probability of a cumulative rate cut of 25 basis points is 71%. The probability of maintaining the current interest rate until January next year is 16.6%, the probability of a cumulative rate cut of 25 basis points is 53%, and the probability of a cumulative rate cut of 50 basis points is 30.4%

According to Jinshi Data on November 8, the CME "FedWatch" indicates that the probability of the Federal Reserve maintaining the current interest rate until December is 29%, while the probability of a cumulative rate cut of 25 basis points is 71%. The probability of maintaining the current interest rate until January next year is 16.6%, while the probability of a cumulative rate cut of 25 basis points is 53%, and the probability of a cumulative rate cut of 50 basis points is 30.4%