According to CME's "FedWatch": The probability of the Fed maintaining the current Intrerest Rate unchanged by December is 34.9%, and the cumulative probability of a 25 basis point rate cut is 65.1%. The probability of maintaining the current Intrerest Rate unchanged by January next year is 23%, the cumulative probability of a 25 basis point rate cut is 54.8%, and the cumulative probability of a 50 basis point rate cut is 22.3%.
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According to CME's "FedWatch": The probability of the Fed maintaining the current Intrerest Rate unchanged by December is 34.9%, and the cumulative probability of a 25 basis point rate cut is 65.1%. The probability of maintaining the current Intrerest Rate unchanged by January next year is 23%, the cumulative probability of a 25 basis point rate cut is 54.8%, and the cumulative probability of a 50 basis point rate cut is 22.3%.