According to CME “Federal Reserve Watch”, the probability that the Fed will cut interest rates by 25 basis points in December is 87%, and the probability of keeping interest rates unchanged is 13%. The probability that the Federal Reserve will cut interest rates by 25 basis points by January next year is 64.1%, the probability of keeping interest rates unchanged is 9%, and the probability of cutting interest rates by 50 basis points cumulatively is 27%.

According to CME “Federal Reserve Watch”, the probability that the Fed will cut interest rates by 25 basis points in December is 87%, and the probability of keeping interest rates unchanged is 13%. The probability that the Federal Reserve will cut interest rates by 25 basis points by January next year is 64.1%, the probability of keeping interest rates unchanged is 9%, and the probability of cutting interest rates by 50 basis points cumulatively is 27%.