The Federal Reserve was expected to cut interest rates by 25 basis points on December 18, 2024, with a 98.6% probability, marking the last cut of the year.
"tomorrow the Federal Reserve is expected to cut interest rates for the last time in 2024... there is a 98.6% probability that the Federal Reserve is going to cut interest rates by a 25 basis point... Federal Reserve is expected to cut interest rates tomorrow December 18th."