Before Interest Rate Decision: The probability of a 25 basis point rate cut by the Federal Reserve this time is 89.4%

BlockBeats News, December 11, according to CME's "FedWatch": The probability of a 25 basis point rate cut by the Fed in December is 89.4%, while the probability of rates staying unchanged is 10.6%.

The probability of a cumulative 25 basis point rate cut by the Fed by January next year is 68.5%, with a probability of rates staying unchanged at 7.8%, and the probability of a cumulative 50 basis point rate cut is 23.8%.