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The probability of the Federal Reserve cutting interest rates by 25 basis points in November is 50.1% before the PCE data release

Bitget2024/09/27 12:50

Before the PCE data was released, according to CME's "Federal Reserve Watch" data, the probability of the Federal Reserve cutting 25 basis points by November was 50.1%, and the probability of a rate cut of 50 basis points was 49.9%.

The probability of a cumulative rate cut of 50 basis points by December is 26.0%, and the probability of a cumulative rate cut of 75 basis points is 50.0%; The probability for a cumulative rate cut of 100 basis points is at 24.0%.

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