According to Mars Finance, on December 7th, CME's "FedWatch" data showed an 86.2% probability of the Federal Reserve cutting interest rates by 25 basis points in December, and a 13.8% probability of keeping rates unchanged. The Federal Reserve will announce its interest rate decision for the period ending December 10th at 3:00 AM Beijing time on Thursday, December 11th, with an expected rate of 3.75%, compared to the previous value of 4.00%; at 3:30 AM, Federal Reserve Chairman Powell will hold a monetary policy press conference.
The probability of a 25 basis point rate cut by the Federal Reserve in December is now reported at 86.2%.
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