CME Data Indicates High Probability of Fed Rate Cut in December

According to ChainCatcher, CME's FedWatch tool reveals an 86. 9% probability of a 25 basis point rate cut by the Federal Reserve in December, with a 13. 1% chance of maintaining the current rate. By January next year, the likelihood of a cumulative 25 basis point cut stands at 67 source: https://www.binance.com/en/square/post/32967892327362?utm_source=BinanceNewsRSS