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

Odaily Planet Daily News According to CME’s “Fed Watch”: The probability of the Fed lowering 25 basis points in November is 95.6%, and the probability of maintaining the current interest rate is 4.4%. The probability of a cumulative 50 basis point rate cut by December is 84.1%, the probability of a cumulative 75 basis point rate cut is 0%; the probability of a cumulative 100 basis point rate cut is 0%. (Odaily)