PANews reported on December 3 that according to CME's "Fed Watch": the probability of the Fed maintaining the current interest rate unchanged by December is 25.5%, and the probability of a cumulative interest rate cut of 25 basis points is 74.5%. The probability of maintaining the current interest rate unchanged by January next year is 20.6%, the probability of a cumulative interest rate cut of 25 basis points is 65.1%, and the probability of a cumulative interest rate cut of 50 basis points is 14.3%.
The probability of the Federal Reserve cutting interest rates by 25 basis points in December has risen to 74.5%.
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