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The probability of the Federal Reserve cutting interest rates by 25BP in November is 70.4%, and the probability of not cutting interest rates rises to 29.6%.

According to the CME "Fed Watch", the probability of the Fed cutting by 25 basis points in November is 70.4%, and the probability of keeping current interest rates unchanged is 29.6%. The probability of a cumulative 50 basis point cut by December is 65.3%, the probability of a cumulative 75 basis point cut is 8.7%; the probability of a cumulative 100 basis point cut is 0%.