BlockBeats News, November 22nd, according to CME’s “FedWatch” data, the probability of a 25 basis point rate cut by the Fed in December has risen to 71.3%. After several Fed officials turned dovish today, the bet on a December rate cut has heated up again, with the previous rate cut probability once dropping below 30%. The probability of rates remaining unchanged in December is 8.2%.
The probability of the Fed keeping rates unchanged until January 2026 is 19.2%, the cumulative probability of a 25 basis point rate cut is 57.1%, and the cumulative probability of a 50 basis point rate cut is 23.7%.
The dates of the Fed’s next two FOMC meetings are December 10th and January 28th, 2026.
