The probability of a 25BP rate cut by the Fed in November is 98.9%

On November 4th, Jinshi Data reported that according to CME’s “Fed Watch”: the probability of the Fed lowering 25 basis points in November is 98%, the probability of maintaining the current Interest Rate is 1.1%. The probability of maintaining the current Interest Rate in December is 0.2%, the probability of cumulative interest rate cuts of 25 basis points is 17.1%, and the probability of cumulative interest rate cuts of 50 basis points is 82.7%.