ChainCatcher news, according to JinShi report, CME ‘FedWatch’ shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in January next year is 18.8%, while the probability of keeping interest rates unchanged is 81.2%. By March next year, the cumulative probability of a 25 basis point rate cut is 46.9%, the probability of keeping interest rates unchanged is 44.7%, and the cumulative probability of a 50 basis point rate cut is 8.5%.
