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The market expects the Fed to reduce interest rates by 25BP next year.
Jinshi data, December 19th news, the US Intrerest Rate futures priced in the market expect the Fed to cut interest rates by about 49 basis points in 2025, which is close to the 50 basis points predicted by the Fed's dot plot, and the market prices in a 75 basis point rate cut before the Intrerest Rate decision is announced.