The probability of a 25bp rate cut by the Fed in November is 86.2%

On October 18th, Jinshi Data reported that according to CME’s “Federal Reserve Observation”: the probability of the Fed cutting 25 basis points in November is 86.2%, and the probability of maintaining the current interest rate is 13.8%. The probability of cumulative interest rate cuts of 25 basis points by December is 24.4%, and the probability of cumulative interest rate cuts of 50 basis points is 73.6%.