According to CME "Fed Watch", the probability of the Federal Reserve maintaining interest rates unchanged in January next year is 89.3%, and the probability of cutting interest rates by 25 basis points is 10.7%. The probability of maintaining current interest rates unchanged by March next year is 51.8%, the probability of a cumulative rate cut of 25 basis points is 43.7%, and the probability of a cumulative rate cut of 50 basis points is 4.5%. (Jin Ten)
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