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According to data from CME "FedWatch", the probability of the Federal Reserve lowering interest rates by 25 basis points in December is 69.4%, while the probability of keeping rates unchanged is 30.6%. The probability of the Fed cumulatively lowering rates by 25 basis points by next January is 56.9%, the probability of keeping rates unchanged is 20.8%, and the probability of cumulatively lowering rates by 50 basis points is 22.3%.
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