CME "Fed Watch": The probability of keeping interest rates unchanged in December rises to 94.5%

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 94.5%, and the probability of raising interest rates by 25 basis points to the range of 5.50%-5.75% is 5.5%. According to previous news, before the CPI data was released on November 14, according to CME's "Fed Watch" data, the probability of the Federal Reserve keeping interest rates unchanged in December was 85.9%.