After the release of the US CPI: The probability of the Federal Reserve cutting interest rates by 25 basis points in December rose to 97.7%

PANews reported on December 11 that according to CME's "Fed Watch": the probability of the Fed maintaining the current interest rate unchanged by December is 2.3%, and the probability of a cumulative interest rate cut of 25 basis points is 97.7%. The probability of maintaining the current interest rate unchanged by January next year is 1.7%, the probability of a cumulative interest rate cut of 25 basis points is 71.2%, and the probability of a cumulative interest rate cut of 50 basis points is 27.1%.