The probability of the Federal Reserve cutting interest rates by 25BP in November is 86.2%.
Based on the "Fed Watch" by CME, the probability of the Fed lowering 25 basis points in November is 86.2%, while the probability of maintaining the current interest rate is 13.8%. The probability of cumulative interest rate cuts of 25 basis points by December is 24.4%, and the probability of cumulative interest rate cuts of 50 basis points is 73.6%.
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