The probability of the Federal Reserve cutting interest rates by 25BP in December has dropped to 58.7%.

On November 15th, according to CME "Fed Watch": The probability of the Federal Reserve maintaining the current interest rate unchanged by December is 41.3%, and the probability of a cumulative rate cut of 25 basis points is 58.7%. The probability of maintaining the current interest rate unchanged by January next year is 29%, the probability of a cumulative rate cut of 25 basis points is 53.6%, and the probability of a cumulative rate cut of 50 basis points is 17.6%. Powell made hawkish remarks about "no rush to cut interest rates" early this morning. < br > < img src = "https://flash-scdn.jin10.com/flash_dli/jin_fanti/img/f8f89f49-ff20-b65f-256a-1731621752191.jpg" referrerpolicy = "no-referrer" >