According to ChainCatcher, citing Jinshi, CME's "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in January next year is 24.4%, while the probability of keeping rates unchanged is 75.6%. By March next year, the probability of a cumulative rate cut of 25 basis points is 44.4%, the probability of keeping rates unchanged is 46%, and the probability of a cumulative rate cut of 50 basis points is 9.5%.
The probability of the Federal Reserve keeping interest rates unchanged in January next year is 75.6%.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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