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CME FedWatch puts December rate rise odds at 72.8% before payrolls

NewsFeeds update

Ahead of US October nonfarm payrolls, CME's FedWatch put the probability of a 25 basis point Fed rate rise in December at 72.8%, with 27.2% seeing rates unchanged. Through January, 63.4% saw a cumulative 25 basis point rise.

MacroPANewsAIBearish

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The story so far: December Fed rate hike odds

CME FedWatch showed an 86% chance of a 25 basis point Fed rate rise in December in late October. Ahead of October nonfarm payrolls, the odds stood at 72.8%, with 27.2% seeing rates unchanged and 63.4% expecting a cumulative 25 basis point rise through January.

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  1. CME FedWatch puts December Fed hike odds at 86%

  2. CME FedWatch puts December rate rise odds at 72.8% before payrolls

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