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TechFlow, Dec 10 — According to Jinshi Data, CME's "Fed Watch" data today shows an 87.6% probability of a 25 basis point rate cut by the Federal Reserve in December, with a 12.4% probability of holding rates steady.
The probability of a cumulative 25 basis point rate cut by January next year stands at 69.3%, a 9.3% chance of unchanged rates, and a 21.3% probability of a cumulative 50 basis point rate cut.
According to Jinshi Data, today's CME "FedWatch" data shows: the probability of a 25 basis point rate cut by the Federal Reserve in December is 87.6%, while the probability of holding rates steady is 12.4%. The probability of a cumulative 25 basis point rate cut by January next year is 69.3%, the probability of maintaining current rates is 9.3%, and the probability of a cumulative 50 basis point rate cut is 21.3%.
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