The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 62.1%
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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%
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