The probability of a 25 basis point rate cut by the Federal Reserve in December has risen to 86.9%

ChainCatcher news, according to Golden Ten Data, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December has risen to 86.9%, while the probability of keeping rates unchanged is 13.1%. By January next year, the probability of a cumulative 25 basis point rate cut is 67.3%, the probability of keeping rates unchanged is 9.6%, and the probability of a cumulative 50 basis point rate cut is 23.1%.