The probability of a 50BP rate cut by the Fed in November is 52.8%.

On September 30th, Jin10 Data reported that according to CME’s “FedWatch”: the probability of the Fed cutting 25 basis points in November is 47.2%, and the probability of cutting 50 basis points is 52.8%. The probability of cumulative 50 basis point cuts by December is 21.6%, the probability of cumulative 75 basis point cuts is 49.8%, and the probability of cumulative 100 basis point cuts is 28.6%.