The probability that the Fed will cut rates by 25 basis points in December is 52.3 per cent
The probability of the Fed leaving current rates unchanged by December is 47.7%, with a cumulative probability of a 25 basis point cut at 52.3%. The probability of keeping current rates unchanged by January next year is 35.5 per cent, the probability of a cumulative 25 basis point cut is 51.1 per cent and the probability of a cumulative 50 basis point cut is 13.4 per cent.
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
CME: All markets remain suspended except for the BrokerTec EU market
A major whale switched from short to long on BTC, with a position valued at $91 million.
Japan Post Bank, Shinoken, and DeCurret DCP pilot tokenized deposit payments for real estate transactions
Data: US crypto-related stocks mostly rise in pre-market trading, Bitmine up 3.79%