The probability of the Federal Reserve cutting interest rates by 25BP in November is 86.3%, and the probability of not cutting interest rates rises to 13.7%.
According to the CME "Fed Watch", the probability of the Fed cutting by 25 basis points in November is 86.3%, and the probability of keeping current interest rates unchanged is 13.7%. The probability of a cumulative rate cut of 50 basis points by December is 78.8%, the probability of a cumulative rate cut of 75 basis points is 8.9%; the probability of a cumulative rate cut of 100 basis points is 0%.