The probability of the Fed cutting interest rates by 25BP in November is 90.6%.
The probability of the Fed lowering 25 basis points in November is 90.6% according to "Fed Watch" by CME, while the probability of maintaining the current interest rate is 9.4%. The probability of cumulative interest rate cuts of 25 basis points in December is 13.3%, and the probability of cumulative interest rate cuts of 50 basis points is 86.2%.
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