There is a 100% chance that the Fed will keep rates in the 0% -0.25% range in December.

2021-11-22 06:35
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According to CME "Fed Observations": There is a 100% chance that the Fed will keep interest rates in the 0% -0.25% range in December, and 0% the period when it raises interest rates by 25 principles. The probability of a 25bp rate hike in January of next year is 0% ~ 0.25%, and there is an 80.3% chance that the rate will be held at 0% ~ 0.25 % in March of next year.

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In a November 22 press release, Democratic U.S. Senator Tester said uncertainty over the Fed's seat candidate prompted the United States to take action to curb inflation. He called on President Biden to elect Powell for re-election. Tester said the United States is facing financial difficulties and nothing can be done (to contain inflation) unless Powell is elected. If the president elects President Powell, he can take on the role of Fed chairman and fulfill his role as before.
2021-11-22 06:00