CME "Fed Watch": Probability of Interest Rate Unchanged in December Rises to 100%

Abstract:CME "Fed Watch": Probability of Interest Rate Unchanged in December Rises to 100%

According to CME's “FedWatch,” the probability of the Federal Reserve keeping interest rates unchanged in December within the range of 5.25% to 5.50% is 100%. Earlier, before the release of the CPI data on November 14, according to CME's “FedWatch,” the probability of the Federal Reserve keeping interest rates unchanged in December was 85.9%.

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