The probability of the Federal Reserve cutting interest rates by 25BP in November is 86.9%, and the probability of not cutting interest rates is 13.1%.
According to the CME "Fed Watch", the probability of the Fed cutting by 25 basis points in November is 86.9%, and the probability of keeping current interest rates unchanged is 13.1%. The probability of a cumulative rate cut of 50 basis points by December is 86.2%, the probability of a cumulative rate cut of 75 basis points is 0%; the probability of a cumulative rate cut of 100 basis points is 0%.