After the release of the US CPI, the probability of a 25 basis points interest rate cut by the Federal Reserve in December has increased to 75.7%.

BlockBeats News, November 13th, according to CME's "FedWatch" data, the probability of the Fed keeping the current interest rate unchanged by December is 24.3%, with a cumulative 25 basis point rate cut probability of 75.7% (37.9% and 62.1% respectively before CPI announcement).

The probability of the Fed keeping the current interest rate unchanged by January next year is 16.5%, with a cumulative 25 basis point rate cut probability of 59.2% and a cumulative 50 basis point rate cut probability of 24.3% (26.5%, 54.9%, and 18.6% respectively before CPI announcement).