PANews reported on October 30th that, according to CME's "FedWatch," the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 67.8%, while the probability of keeping rates unchanged is 32.2%. The probability of the Fed cumulatively cutting rates by 25 basis points by January next year is 56%, the probability of keeping rates unchanged is 21.5%, and the probability of cumulative rate cuts of 50 basis points is 22.5%.


