TechFlow, Dec 1 - According to CME's "Fed Watch": The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 87.4%, while the probability of holding rates steady is 12.6%.
The probability of the Fed cumulatively cutting rates by 25 basis points by January next year stands at 67.5%, with a 9.2% chance of unchanged rates and a 23.2% chance of a cumulative 50 basis point cut. (Jinshi)




