The probability of the Fed cutting interest rates by 25BP in November is 93%.

Jinshi Data News on October 23rd, according to CME’s ‘Fed Watch’: the probability of the Fed cutting 25 basis points by November is 93%, the probability of maintaining the current Interes Rate is 7%, and the probability of cutting 50 basis points is 0%. The probability of maintaining the current Interes Rate by December is 2.1%, the probability of cumulatively cutting 25 basis points is 32.6%, the probability of cumulatively cutting 50 basis points is 65.4%, and the probability of cumulatively cutting 75 basis points is 0%.