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TechFlow, Nov. 28 — According to Jinshi Data, today's CME "Fed Watch" data shows an 86.9% probability of a 25-basis-point rate cut by the Federal Reserve in December, and a 13.1% probability of holding rates steady.
The probability of a cumulative 25-basis-point rate cut by January next year stands at 67.3%, a 9.6% chance of unchanged rates, and a 23.1% probability of a cumulative 50-basis-point rate cut.
According to Jinshi Data, today's CME "Fed Watch" data shows: There is an 86.9% probability the Federal Reserve will cut interest rates by 25 basis points in December, and a 13.1% probability of holding rates steady. By January next year, there is a 67.3% probability of a cumulative 25-basis-point rate cut, a 9.6% probability of maintaining current rates, and a 23.1% probability of a cumulative 50-basis-point rate cut.
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