According to CME “Federal Reserve Watch”, the probability that the Fed will cut interest rates by 25 basis points in January next year is 18.8%, and the probability of keeping interest rates unchanged is 81.2%. The probability of cutting interest rates by 25 basis points by March next year is 46.9%, the probability of keeping interest rates unchanged is 44.7%, and the probability of cutting interest rates by 50 basis points is 8.5%.

According to CME “Federal Reserve Watch”, the probability that the Fed will cut interest rates by 25 basis points in January next year is 18.8%, and the probability of keeping interest rates unchanged is 81.2%. The probability of cutting interest rates by 25 basis points by March next year is 46.9%, the probability of keeping interest rates unchanged is 44.7%, and the probability of cutting interest rates by 50 basis points is 8.5%.