The probability of the Fed cutting interest rates by 25BP in November is 86.8%

According to CME's 'Federal Reserve Watch', there is an 86.8% probability that the Federal Reserve will cut 25 basis points in November, a 13.2% probability of keeping the current interest rate unchanged, and a 0% probability of a 50 basis point cut. In December, there is a 3.5% probability of keeping the current interest rate unchanged, a 32.9% probability of a cumulative 25 basis point cut, a 63.6% probability of a cumulative 50 basis point cut, and a 0% probability of a cumulative 75 basis point cut.

BP2.5%
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