PANews reported on November 20 that according to CME's "Fed Watch": the probability of the Fed maintaining the current interest rate unchanged by December is 40.9%, and the probability of a cumulative interest rate cut of 25 basis points is 59.1%. The probability of maintaining the current interest rate unchanged by January next year is 30.4%, the probability of a cumulative interest rate cut of 25 basis points is 54.5%, and the probability of a cumulative interest rate cut of 50 basis points is 15.2%.
The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 59.1%.
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