The probability of a 50BP rate cut by the Fed in November is 52.2%

BlockBeats news, on September 30th, according to CME’s ‘Fed Watch’: the probability of the Fed lowering 25 basis points by November is 47.8%, and the probability of lowering 50 basis points is 52.2%. By December, the cumulative probability of a 50 basis point reduction is 23.5%, and the cumulative probability of a 75 basis point reduction is 50%; the cumulative probability of a 100 basis point reduction is 26.6%.