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The probability of the Fed cutting rates by 25 basis points in December is 52.7%.

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2024-11-24 22:35:15
According to CME's "Fed Watch", the probability of the Fed maintaining current interest rates unchanged through December is 47.3%, and the probability of a cumulative 25 basis point cut is 52.7%. The probability of maintaining current interest rates unchanged through January next year is 37.2%, the probability of a cumulative 25 basis point cut is 51.6%, and the probability of a cumulative 50 basis point cut is 11.3%.
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