The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 62.1%
According to CME's "FedWatch," the probability of the Federal Reserve lowering interest rates by 25 basis points by December is 62.1%, while the probability of maintaining the current rate is 37.9%. By January next year, the probability of maintaining the current rate is 26.5%, the probability of a 25 basis point cut is 54.9%, and the probability of a 50 basis point cut is 18.6%
According to Jin10 Data on November 13, the CME "FedWatch" indicates that the probability of the Federal Reserve maintaining the current interest rate until December is 37.9%, while the probability of a cumulative rate cut of 25 basis points is 32.1%. The probability of maintaining the current interest rate until January next year is 26.5%, with a cumulative rate cut of 25 basis points at 54.9%, and a cumulative rate cut of 50 basis points at 18.6%