BlockBeats News, November 21st, according to CME’s “FedWatch”: The probability of a 25 basis point rate cut by the Fed in December is 39.6%, and the probability of no rate change is 60.4%.
The probability of a cumulative 25 basis point rate cut by the Fed by January next year is 50.2%, the probability of no rate change is 29.7%, and the probability of a cumulative 50 basis point rate cut is 20.2%.
