The probability that the Fed will cut rates by 25 basis points in December is 70.3 per cent
The probability of the Fed leaving current rates unchanged by December is 29.7%, with a cumulative probability of a 25 basis point cut of 70.3%. The probability of keeping current rates unchanged through January next year is 22.0%, the probability of a cumulative 25 basis point cut is 59.9%, and the probability of a cumulative 50 basis point cut is 18.0%.
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