FedWatch Signals 87.3% Odds of 25bps December Rate Cut as Fed Set to Announce Decision on December 11 (Powell Press Conference at 3:30 PM Beijing Time)
COINOTAG News, citing CME’s FedWatch data, notes an 87.3% probability of a 25 bp rate cut at the December meeting and a 12.7% chance of maintaining the current policy. The odds signal a softer monetary stance that could underpin demand in the crypto complex and other risk assets.
Markets anticipate the Federal Reserve to announce the policy decision for the period through December 10 on December 11 at 3:00 Beijing time, with an expected policy rate near 3.75%, down from the prior level of 4.00%. If realized, this trajectory would influence liquidity and funding costs across digital markets.
At 3:30, Fed Chair Powell will conduct a monetary policy press conference, offering guidance on further rate cuts and the inflation backdrop. Crypto traders will monitor the remarks for cues on the pace of policy normalization and potential risk-reward shifts in crypto assets.