The probability of the Federal Reserve lowering interest rates by 25 basis points in December is 59.1%
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According to CME's "FedWatch": The probability that the Federal Reserve will maintain the current interest rate unchanged until December is 40.9%, while the probability of a cumulative rate cut of 25 basis points is 59.1%. The probability of maintaining the current interest rate unchanged until January next year is 30.4%, while the probability of a cumulative rate cut of 25 basis points is 54.5%, and the probability of a cumulative rate cut of 50 basis points is 15.2%
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