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The probability that the Federal Reserve will cut interest rates by 25BP in November is 93%.

According to the CME "Fed Watch", the probability of the Fed cutting 25 basis points in November is 93%, the probability of keeping current interest rates unchanged is 7%, and the probability of cutting interest rates by 50 basis points is 0%. The probability of keeping current interest rates unchanged in December is 2.1%, and the probability of reducing interest rates by 25 basis points in total is 32.6%. The probability of reducing interest rates by 50 basis points in total is 65.4%, and the probability of reducing interest rates by 75 basis points in total is 0%.