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Probability of Rate Cut in December Reaches 85.4% Ahead of FOMC Statement
Summary: According to CME FedWatch, the probability of a 25 basis point rate cut by the Federal Reserve in October is 97.8%, with a 2.2% probability of rates remaining unchanged. The probability of the Fed keeping rates unchanged in December is 0.3%, with a cumulative 25 basis point rate cut probability at 14.3% and a cumulative ...
According to CME FedWatch, the probability of a 25 basis point rate cut by the Federal Reserve in October is 97.8%, with a 2.2% probability of rates remaining unchanged.
The probability of the Fed keeping rates unchanged in December is 0.3%, with a cumulative 25 basis point rate cut probability at 14.3% and a cumulative 50 basis point rate cut probability at 85.4%.
The probability of the Fed keeping rates unchanged in January next year is 0.1%, with cumulative 25 basis point rate cut probability at 7.5%, cumulative 50 basis point rate cut probability at 50.8%, and cumulative 75 basis point rate cut probability at 41.6%.
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Link: Probability of Rate Cut in December Reaches 85.4% Ahead of FOMC Statement [Copy]
