The probability that the Fed will keep interest rates unchanged in December is 94.8%

CME's "FedWatch": The probability of the Fed maintaining interest rates in the range of 5.25% to 5.50% in December is 94.8%, and the probability of raising interest rates by 25 basis points is 5.2%. The probability of maintaining interest rates unchanged until February next year is 94.8%, and the probability of cumulatively raising interest rates by 25 basis points is 5.2%. The probability of cumulatively lowering interest rates by 25 basis points in March next year is 28.4%, the probability of maintaining interest rates unchanged is 67.9%, and the probability of cumulatively raising interest rates by 25 basis points is 3.6%.