The market has reduced its bet on a Federal Reserve rate cut in December, with the probability of a cut now standing at 50.7%.

BlockBeats News, November 14th, according to CME's "FedWatch" data, the market has continued to decrease its bet on a Fed rate cut in December. Currently, the probability of a 25 basis point rate cut in December has dropped to 50.7%, while the probability of rates staying unchanged is 49.3%.

The probability of the Fed holding rates steady until January is 30.2%, the probability of a cumulative 25 basis point rate cut is 50.2%, and the probability of a cumulative 50 basis point rate cut is 19.6%.

The dates of the Fed's next two FOMC meetings are December 10th and January 28th, 2026.