On November 6, CME FedWatch data showed that the probability of the Federal Reserve keeping interest rates unchanged in December was 31.3%, and the probability of raising interest rates by 25 basis points was 68.7%.
The probability of the Federal Reserve keeping interest rates unchanged until January next year is 27.0%, the probability of a cumulative rate hike of 25 basis points is 63.6%, and the probability of a cumulative rate hike of 50 basis points is 9.5%.
