Before ADP release: Probability of a 25 basis point rate cut by the Fed in December is 89.2%

On December 3, according to Jinshi Data, the current CME "Fed Watch" data shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 89.2%, and the probability of maintaining the same interest rate is 10.8%.

The probability of the Federal Reserve cumulatively cutting interest rates by 25 basis points by January next year is 66.6%, the probability of maintaining the same interest rate is 7.7%, and the probability of a cumulative interest rate cut of 50 basis points is 25.7%.

[深潮TechFlow]