CME Fed Watch: The probability of the Fed keeping interest rates unchanged in December is 90.9%

According to CME's "Fed Watch": the probability that the Federal Reserve will keep interest rates unchanged in the range of 5.25%-5.50% in December is 90.9%, and the probability of raising interest rates by 25 basis points to the range of 5.50%-5.75% is 9.1%. The probability of keeping interest rates unchanged by January next year is 77.7%, the probability of a cumulative interest rate hike of 25 basis points is 21%, and the probability of a cumulative 50 basis point interest rate hike is 1.3%. (Golden Ten)