CME "Fed Watch": The probability of the Fed cutting interest rates by 25 basis points in December is 86.4%.

According to a report by Jinse Finance and the CME "Fed Watch": the probability of the Fed lowering interest rates by 25 basis points in December is 86.4%, while the probability of keeping rates unchanged is 13.6%. The probability of the Fed cumulatively lowering rates by 25 basis points by January next year is 67.1%, with a 10% probability of keeping rates unchanged, and a 23% probability of cumulatively lowering rates by 50 basis points.