Summary
- According to CME FedWatch, there is a 55.3% chance of a rate cut in the March FOMC next year.
- 48.4% of market participants expect a 25bp rate cut in the March FOMC.
- 89.3% forecast that rates will remain unchanged in the January FOMC next year.
There is a 55.3% chance that the Federal Open Market Committee (FOMC) will cut the benchmark interest rate in March next year.
According to data from the Chicago Mercantile Exchange (CME) FedWatch platform, 48.4% of market participants expect the FOMC meeting on March 25 next year to decide on a 25bp cut to 4.00~4.25%, while 5.1% expect a 50bp cut to 3.75~4.00%. 46.4% predicted that rates would remain unchanged.
For the first FOMC meeting on January 29 next year, 89.3% of market participants forecast that the rate will be decided at the same 4.25~4.50% as in December.
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
![[Exclusive] FSS to examine ZKsync coin that surged '1,000%' in three hours](https://media.bloomingbit.io/PROD/news/1da9856b-df8a-4ffc-83b8-587621c4af9f.webp?w=250)
