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TechFlow, Nov 5 - According to Jinshi Data, CME's "Fed Watch" data shows: the probability of a 25-basis-point rate cut by the Fed in December is 70.1%, while the probability of holding rates steady is 29.9%. The probability of a cumulative 25-basis-point rate cut by January next year is 55.8%, the probability of maintaining current rates is 19.3%, and the probability of a cumulative 50-basis-point rate cut is 24.8%.
According to Jinshi Data, CME's "Fed Watch" data shows: the probability of a 25-basis-point rate cut by the Fed in December is 70.1%, while the probability of holding rates steady is 29.9%. The probability of a cumulative 25-basis-point rate cut by January next year is 55.8%, the probability of maintaining current rates is 19.3%, and the probability of a cumulative 50-basis-point rate cut is 24.8%.
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