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TechFlow news, October 29 — According to Jinshi Data, CME's "Fed Watch" data shows today that the probability of the Federal Reserve cutting interest rates by 25 basis points in October is 99.5%, while the probability of holding rates steady is 0.5%. The probability of the Fed cumulatively cutting rates by 50 basis points by December stands at 91.6%.
According to Jinshi Data, today's CME "Fed Watch" data shows: the probability of a 25 basis point rate cut by the Federal Reserve in October is 99.5%, while the probability of holding rates steady is 0.5%. The probability of a cumulative 50 basis point rate cut by the Fed in December is 91.6%.
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