The probability of the Federal Reserve lowering interest rates by 25 basis points in December is 61.9%
According to CME's "FedWatch": The probability that the Federal Reserve will maintain the current interest rate until December is 38.1%, while the probability of a cumulative rate cut of 25 basis points is 61.9%. The probability of maintaining the current interest rate until January next year is 25.9%, while the probability of a cumulative rate cut of 25 basis points is 54.3%, and the probability of a cumulative rate cut of 50 basis points is 19.8%
According to Jinshi Data on November 18, the CME "FedWatch" indicates that the probability of the Federal Reserve maintaining the current interest rate until December is 38.1%, while the probability of a cumulative rate cut of 25 basis points is 61.9%. The probability of maintaining the current interest rate until January next year is 25.9%, while the probability of a cumulative rate cut of 25 basis points is 54.3%, and the probability of a cumulative rate cut of 50 basis points is 19.8%