【The probability of the Federal Reserve cutting interest rates by 25 basis points this week is 87.6%】
According to CME's "FedWatch": The probability of the Federal Reserve cutting rates by 25 basis points in December is 87.6%, while the probability of maintaining the current rate is 12.4%.
The cumulative probability of the Federal Reserve cutting rates by 25 basis points by next January is 69.3%, the probability of maintaining the current rate is 9.3%, and the cumulative probability of cutting rates by 50 basis points is 21.3%.
