According to CME "Federal Reserve Watch": the probability of the Federal Reserve cutting interest rates by 25 basis points in January is 11.6%, and the probability of keeping rates unchanged is 88.4%. The probability of a cumulative 25 basis point rate cut by March is 40.3%, the probability of keeping rates unchanged is 55.4%, and the probability of a cumulative 50 basis point rate cut is 4.3%.
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