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Before the CPI release, the probability of a Fed rate hike in December was 100%.

BlockBeats news, November 10th, before the release of US October inflation data, according to CME's "FedWatch" data, the probability of the Federal Reserve keeping interest rates unchanged in December is 0%, the probability of a 25 basis point rate hike is 98.9%, and the probability of a cumulative 50 basis point rate hike is 1.1%.


The probability of the Federal Reserve keeping interest rates unchanged by January next year is 0%, the probability of a cumulative 25 basis point rate hike is 64.9%, and the probability of a cumulative 50 basis point rate hike is 34.8%.

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The current interest rate hike probability is around 50%, with benign inflation data potentially prompting a wait-and-see approach. However, the hawkish stance still introduces uncertainty into the future policy outlook.
Core CPI at 0.2% month-over-month means the Fed stays put, while 0.3% triggers a rate hike.
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