【After the Non-Farm Payrolls, the probability of the Federal Reserve cutting interest rates in March next year has increased】
On December 16, according to CME's "FedWatch": The probability of the Federal Reserve cutting rates by 25 basis points in January next year is 24.4%, and the probability of keeping the rate unchanged is 75.6%.
The cumulative probability of a 25 basis point cut by March next year is 44.4%, the probability of keeping the rate unchanged is 46.1%, and the cumulative probability of a 50 basis point cut is 9.5%.
Before the Non-Farm Payrolls, according to CME's "FedWatch": The probability of the Federal Reserve cutting rates by 25 basis points in January next year is 24.4%, and the probability of keeping the rate unchanged is 75.6%. The cumulative probability of a 25 basis point cut by March next year is 42.4%, the probability of keeping the rate unchanged is 49%, and the cumulative probability of a 50 basis point cut is 8.6%.