The probability that the Fed will keep interest rates unchanged in December is 95.3%

Based on CME's "FedWatch": The probability of the Fed maintaining interest rates in the range of 5.25%-5.50% in December is 95.3%, and the probability of a 25 basis point rate hike is 4.7%. The probability of maintaining interest rates unchanged until February next year is 89.4%, with a cumulative probability of a 25 basis point rate hike at 10.3%. The probability of a cumulative 50 basis point rate hike is 0.3%. The probability of a cumulative 25 basis point rate cut in March next year is 21.5%, the probability of maintaining interest rates unchanged is 70.4%, the probability of a cumulative 25 basis point rate hike is 7.9%, and the probability of a cumulative 50 basis point rate hike is 0.2%.