📢 Flash
The current probability of a 25-basis-point rate hike in December is 79.6%, while the probability of holding rates steady is 20.4%.
As of October 30, CME’s “FedWatch” data shows a 79.6% probability that the Federal Reserve will raise rates by 25 basis points in December, and a 20.4% chance it will hold rates steady. The next FOMC meeting is scheduled for December 9—41 days from now.
