The probability of a 25 basis points interest rate cut by the Federal Reserve in December is 69.4%.

BlockBeats News, November 24th, according to CME's "FedWatch": The probability of a 25 basis point rate cut by the Fed in December is 69.4%, with a probability of rates staying unchanged at 30.6%.

The probability of a cumulative 25 basis point rate cut by the Fed by January next year is 56.9%, with a probability of rates staying unchanged at 20.8%, and the probability of a cumulative 50 basis point rate cut is 22.3%. (FXStreet)