The probability of the Fed cutting interest rates by 25BP in November is 95.6%, and the probability of not cutting interest rates is 4.4%.

On October 12th, Jin10 Data reported that according to CME’s ‘Fed Watch’, the probability of the Fed cutting 25 basis points in November is 95.6%, while the probability of maintaining the current Interest Rate is 4.4%. The probability of cumulative interest rate cuts of 50 basis points by December is 84.1%, and the probability of cumulative interest rate cuts of 75 basis points or 100 basis points is 0%.