Market anticipates 25 basis point rate cut by Federal Reserve in December.
From Cointelegraph
December 2, 2024 9:51 pm:
The market is anticipating the Federal Reserve to cut rates by 25 basis points this month, as per CME FedWatch. This would mark the third rate cut of the year.
Read more at Cointelegraph: US interest rate cut in December rises to 74.5% probability: Fedwatch