The probability that the Fed will keep interest rates unchanged in December is 95.3%
Based on CME's "FedWatch": The probability of the Fed maintaining interest rates in the range of 5.25%-5.50% in December is 95.3%, and the probability of a 25 basis point rate hike is 4.7%. The probability of maintaining interest rates unchanged until February next year is 89.4%, with a cumulative probability of a 25 basis point rate hike at 10.3%. The probability of a cumulative 50 basis point rate hike is 0.3%. The probability of a cumulative 25 basis point rate cut in March next year is 21.5%, the probability of maintaining interest rates unchanged is 70.4%, the probability of a cumulative 25 basis point rate hike is 7.9%, and the probability of a cumulative 50 basis point rate hike is 0.2%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized science is like early DeFi in 2019: Crypto VC
Ethereum’s Decentralization at Risk? New EIP 7805 Could be the Solution
Crypto liquidations reach $470M as Bitcoin retraces, altcoins surge
Mastercard and JP Morgan Team up to Enhance Cross Boarder Payments