The probability of a 25BP interest rate cut by the Federal Reserve in November is 86.7%, and the probability of no interest rate cut is 13.3%.

On October 9th, Jin10 Data reported that, according to CME’s ‘Fed Watch’: the probability of the Fed cutting 25 basis points in November is 86.7%, and the probability of maintaining the current Interest Rate is 13.3%. The probability of a cumulative 50 basis points rate cut by December is 78.1%, and the probability of a cumulative 75 basis points rate cut is 10.1%; the probability of a cumulative 100 basis points rate cut is 0%.