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