The probability that the Fed will cut rates by 25 basis points in December is 52.3 per cent
The probability of the Fed leaving current rates unchanged by December is 47.7%, with a cumulative probability of a 25 basis point cut at 52.3%. The probability of keeping current rates unchanged by January next year is 35.5 per cent, the probability of a cumulative 25 basis point cut is 51.1 per cent and the probability of a cumulative 50 basis point cut is 13.4 per cent.
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