After the PCE announcement, the probability of the Fed cutting rates by 25 BP in November remained unchanged at 96.1%
October 31, according to the CME “Fed Watch”: the probability that the Fed will cut 25 basis points in November is 96.1%, the probability of maintaining the current rate unchanged is 3.9%. The probability of keeping current rates unchanged by December is 1.1%, the probability of a cumulative 25 basis point cut is 29.2%, and the probability of a cumulative 50 basis point cut is 69.7%. (Unchanged from prior to the release of PCE data)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A Bitcoin whale deposits 20 million USDC into HyperLiquid and opens a 6x leveraged ETH long position
Walrus Airdrops NFTs to Staking Users, WAL Tokens Available for Claim
Andrew Tate, a KOL with millions of followers, shorts YZY with a position size of $175,000
"Big Brother Machi" Long Position Unrealized Loss Narrows to $8.4 Million
Trending news
MoreCrypto prices
More








