Federal Reserve rate cut odds for December have fallen to near coin toss levels, signaling rising uncertainty among investors ahead of the Dec. 10 meeting, according to data source CME’s FedWatch tool.
Markets now price roughly a 52% chance of a 25 basis point cut, down sharply from 95% a month ago and 65% a week ago. A potential 25 bps cut would push the benchmark interest rate range down to 3.5%-3.75%.
STORY CONTINUES BELOW
Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters svg]:max-w-[theme(spacing.8)] transition-transform-colors-opacity motion-reduce:transition-none text-default-foreground data-[hover=true]:opacity-hover w-full md:w-auto bg-new-yellow”>
Trending: Did Trump take down Epstein? This email changes EVERYTHING
Sign me up
By signing up, you will receive emails about CoinDesk products and you agree to our
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!