There is a 99% probability that the Fed will cut interest rates by 25BP tonight.

2024-11-07 18:54:48

According to CME’s “FedWatch”, the probability of the Fed cutting interest rates by 25 basis points in November is 99.0%, the probability of a 50 basis point cut is 1.0%, the probability of a cumulative 25 basis point cut in December is 32.8%, the probability of a cumulative 50 basis point cut is 66.5%, and the probability of a cumulative 75 basis point cut is 0.6%.

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