The probability of the Fed cutting rates by 25 basis points in December is 71%.

On November 8th, according to CME "Federal Reserve Watch": The probability of the Federal Reserve maintaining the current interest rate unchanged by December is 29%, and the probability of a cumulative rate cut of 25 basis points is 71%. The probability of maintaining the current interest rate unchanged by January next year is 16.6%, the probability of a cumulative rate cut of 25 basis points is 53%, and the probability of a cumulative rate cut of 50 basis points is 30.4%. < br > < img src = "https://flash-scdn.jin10.com/flash_dli/jin_fanti/img/69c1020e-bafd-ae04-fb7a-1731016811039.jpg" referrerpolicy = "no-referrer" >