After the U.S. mid-term elections, the probability of the Fed raising interest rates in December has dropped to 67%

According to CoinMeta, after the Democratic Party won the U.S. congressional elections, market expectations for a Federal Reserve interest rate hike have eased. According to the latest data, the probability of a rate hike in December has dropped from over 80% to 67%. Forecasting markets show that the probability of keeping interest rates unchanged has risen to 33%, the highest level since mid-September.