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Probability of Fed keeping rates unchanged in January next year reaches 84.5%

ChainCatcher news, according to Jinshi report, CME’s “FedWatch” shows that the probability of the Fed cutting interest rates by 25 basis points in January next year is 15.5%, and the probability of keeping interest rates unchanged is 84.5%. By March next year, the cumulative probability of a 25 basis point rate cut is 42.2%, the probability of keeping interest rates unchanged is 51.8%, and the cumulative probability of a 50 basis point rate cut is 6%.