TechFlow, Nov 26 — According to Jinshi Data, CME's "Fed Watch" data shows today that the probability of a 25 basis point rate cut by the Federal Reserve in December is 84.9%, while the probability of holding rates steady is 15.1%. The probability of a cumulative 25 basis point rate cut by January next year is 66.4%, the probability of maintaining current rates is 11.1%, and the probability of a cumulative 50 basis point rate cut is 22.6%.
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