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Before the CPI data was released, the probability that the Fed would keep interest rates unchanged in December was 85.9%

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According to BlockBeats News on November 14th, based on CME's "Fed Watch": the probability of the Fed maintaining interest rates in the range of 5.25%-5.50% in December is 85.9%, and the probability of raising interest rates by 25 basis points to the range of 5.50%-5.75% is 14.1%.
The probability of maintaining interest rates unchanged until January next year is 71.7%, the probability of cumulative interest rate hikes of 25 basis points is 26.0%, and the probability of cumulative interest rate hikes of 50 basis points is 2.3%. (Jinshi)

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