PANews reported on November 3rd that, according to CME's "FedWatch," the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 69.8%, while the probability of keeping rates unchanged is 30.2%. The probability of the Fed cumulatively cutting rates by 25 basis points by January next year is 56.6%, the probability of keeping rates unchanged is 20.2%, and the probability of cumulative rate cuts of 50 basis points is 23.2%.
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