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The probability of the Fed cutting rates by 25 basis points in December is 94.7%.

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2024-12-12 22:19:19
According to the CME "Fed Watch", the probability of the Fed maintaining current interest rates unchanged in December is 5.3%, and the probability of a cumulative 25 basis point cut is 94.7%. The probability of maintaining current interest rates unchanged in January next year is 4.1%, the probability of a cumulative 25 basis point cut is 73.7%, and the probability of a cumulative 50 basis point cut is 22.3%.
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