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TechFlow, Nov 24 — According to Jinshi Data, CME's "Fed Watch" data today shows a 69.4% probability of a 25 basis point rate cut by the Federal Reserve in December, and a 30.6% probability of holding rates steady.
The probability of a cumulative 25 basis point rate cut by January next year stands at 56.9%, a 20.8% probability of maintaining current rates, and a 22.3% probability of a cumulative 50 basis point rate cut.
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 December is 69.4%, while the probability of holding rates steady is 30.6%. The probability of a cumulative 25 basis point rate cut by January next year is 56.9%, the probability of maintaining current rates is 20.8%, and the probability of a cumulative 50 basis point rate cut is 22.3%.
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