The probability of a 25 basis point interest rate cut by the Federal Reserve in December is 87.4%.

BlockBeats News, December 1st, according to CME's "FedWatch": The probability of a 25 basis point rate cut by the Fed in December is 87.4%, and the probability of keeping the rate unchanged is 12.6%.

The probability of a cumulative 25 basis point rate cut by the Fed by January next year is 67.5%, the probability of keeping the rate unchanged is 9.2%, and the probability of a cumulative 50 basis point rate cut is 23.2%. (FX168)