[Probability of December Rate Cut Drops to 31.6% After Fed Releases October Meeting Minutes] BlockBeats News, November 20: According to CME FedWatch data, after the Federal Reserve released the October meeting minutes, the market expects the probability of a rate cut in December to drop to 31.6%, while the probability of no rate cut rises to 68.4%. Before the data release (1:00 AM Beijing time today), the market had expected a 51.1% probability of the Federal Reserve cutting rates by 25 basis points in December and a 48.9% probability of maintaining rates unchanged.